Government Contract | Texas
ACTUARIAL SERVICES FOR INSURANCE

Bid Information


Bid Alert No: 00000457468

Bid Title: ACTUARIAL SERVICES FOR INSURANCE

Agency Bid No. Title: 327-94612-160108

Received Date: 01/13/2016

Close Date: 02/17/2016

Purchase Type: Not Stated

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By 01/22/2016 04:00 PM

Specifications

Specifications include, but are not limited to:ERS administers the GBP, which includes all insurance and non-insurance benefits outside the states employee pension plans. GBP benefits are critical to recruiting and retaining a high-quality workforce to provide essential servicesforTexasgrowingpopulation. O n e i n 5 2 T e x a n s more than half a million state and higher education employees, retirees and their families rely on ERS insurance benefits. The GBP also provides vital economic support to the Texas economy. Counting state, employer, and member contributions, the GBP pays out approximately $3.1 billion per year in health care benefits, more than $2.8 billion of which is paid to Texas doctors, pharmacies and other in-state health care providers. The GBP was designed to provide employee benefits to all state employees, retirees, certain higher education employees and other governmental entities as authorized in Chapter 1551 of the Texas Insurance Code. Enrollment in various benefit plans varies each month. Members may also enroll dependents in the various plans and, in certain cases, benefits are provided to the surviving family members of members or retirees. The program also provides certain benefits (COBRA coverage) to recently separated state employees. ERS is soliciting proposals for actuarial, valuation and consulting services related to the following plans: Health (Medical & Prescription) Plans Include: - HealthSelect of Texas SM - HealthSelect Medicare Advantage SM - Scott & White HMO - Community First HMO - KelseyCare Medicare Advantage - KelseyCare powered by Community Health Choice HMO Dental Plans Include: - State of Texas Dental Choice SM PPO - Dental HMO - Dental Discount Disability Plans Include: - Short-Term - Long-Term Life Plans Include: - Basic - Optional - Accidental Death & Dismemberment - Dependent

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Product Code: 94612

Agency Information


Issuing Agency: State of Texas - Employees Retirement System

State: Texas

Agency Type: State and Local

Contact: 200 E. 18th Street, Austin, Texas, 78701

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