Louisiana Procurement and Contract Network #50009-007287

Solicitation for Long-Term Group Disability Insurance for LSU Health Sciences Center - Shreveport House Officers

LSU Health Sciences Center - Shreveport is seeking bids for long-term group disability insurance services for its physicians' interns, residents, and fellows (House Officers I-VIII). - Government Buyer: - Louisiana State University Health Sciences Center - Shreveport (LSUHSC-S) - Purchasing Department, led by Lorna Rawls - Products/Services Requested: - Long-term group disability insurance policy for House Officers I-VIII - Coverage must include: - Guaranteed issue policy - Benefits covering 60% of salary up to $5,000/month, payable to age 65 - Conversion option, catastrophic disability, and inflation riders - All enrolled House Officers covered; premiums paid monthly by LSUHSC-S - Contract Details: - Initial term: 3 years (November 2026 to October 2029) - Option to renew for two additional 12-month periods - Prices must remain firm during contract period - Contract may be terminated with 30 days written notice - Continuation contingent on legislative appropriation of funds - Unique Requirements: - Policy must be guaranteed issue and cover all House Officers - Specific benefit structure and riders required - Compliance with federal and state laws; bidders must not be excluded or sanctioned - No specific OEMs or insurance carriers are named; opportunity is open to qualified group disability insurance providers.

Description

This solicitation is for Long Term Disability insurance coverage. The contract involves providing long-term disability insurance services to the Louisiana State University Health Sciences Center in Shreveport. Bidders are required to submit sealed bids by October 21, 2026, at 2:00 PM Central Time. The solicitation includes instructions to bidders, terms and conditions, and specifications for the insurance coverage.

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