Tennessee Department of General Services #31786-00193

Tennessee group life and AD&D insurance coverage and administration

The State of Tennessee is seeking an insurer to provide employee group life and accidental death and dismemberment coverage and related plan administration. - Government buyer: State of Tennessee Department of Finance and Administration, Division of Benefits Administration, acting through the State Insurance Committee; statewide program for eligible state and higher education employees. - Insurance company mentioned: Minnesota Life Insurance Company is identified as the issuer of the existing voluntary AD&D group policy (policy 34295-G). The solicitation does not name a selected or prospective awardee. - Coverage requested: Employee-paid voluntary term life and AD&D, with eligible dependent coverage, plus employer-paid basic term life and basic AD&D on a minimum-premium-insured basis. No enrollment or purchase quantities are stated. - Pricing requested: Conversion charges; administration and reserve charges; basic life and AD&D premiums; voluntary AD&D rates for employees and dependent coverage tiers; age-banded voluntary term life rates for employees, spouses, and ported coverage; and child term-life rider premiums at face amounts of $2,500, $5,000, $10,000, $15,000, and $20,000. Ported employee and spouse rates are capped at 20% above corresponding active rates. The $2,500 rider is for existing riders only. - Existing voluntary AD&D plan details: Policy 34295-G offers employee election levels of $50,000, $60,000, $100,000, $250,000, or $500,000. Dependent benefits are defined as percentages of employee coverage and vary with spouse and child enrollment. - Notable requirements: Administer underwriting where applicable, disability determinations, claims and benefit offsets, call-center and online support, enrollment files, employee communications, insurance filings, and reporting. Transitioning enrollees receive guaranteed issue and credit for prior coverage limitations; new employees receive an initial guaranteed-issue period for voluntary coverage. Late entrants may be underwritten for voluntary term life, but not voluntary AD&D; eligible new employees are automatically enrolled in basic term life without underwriting. - Period: Five-year benefit and pricing period spanning 2028–2032; no option years are specified. The opportunity is for insurance coverage and administration, not a stated annual subscription. - Product part numbers and quantities: No product line items or purchase quantities are specified; policy number 34295-G identifies the existing AD&D coverage.

Description

The State of Tennessee seeks a single contract with an insurance company to provide group fully insured voluntary term life insurance and voluntary accidental death and dismemberment (AD&D) insurance, as well as group minimum-premium insured basic term life and basic AD&D coverage. The plans serve eligible State Government and State Higher Education agency employees and, for voluntary coverage, their eligible dependents. The benefit period is January 1, 2028, through December 31, 2032. Services include medical underwriting, disability determinations, claims processing, call center and online services, enrollment processing, and required filings and reporting.

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