Government Contract | Illinois
Reinsurance Broker Services

Bid Information

Bid Alert No: 00000469584

Bid Title: Reinsurance Broker Services

Agency Bid No. Title: MEC211

Received Date: 01/28/2016

Close Date: Not Stated

Purchase Type: Not Stated

Delivery Point: University of Illinois at Chicago, Chicago, Illinois

Delivery Date: Not Stated

Special Notices: Pre-Bid Conference Optional 02/11/2016 10:00 AM, Questions Due By 02/15/2016


Specifications include, but are not limited to: The University is seeking Proposals from qualified firms to act as a broker for its CampusCare Student Health Benefit Program to secure reinsurance coverage. Under the Patient Protection and Accountable Care Act (PPACA), CampusCare is required to apply for certification as a Minimal Essential Coverage (MEC) provider of health care. CampusCare seeks to procure reinsurance coverage to protect the program against catastrophic loss. Campus Care Background: CampusCare was established in 2004 and is a self-funded student benefit plan servicing the Chicago, Peoria and Rockford campuses of the University of Illinois. Effective August 16, 2015 the program received minimal essential coverage certification as defined by the Affordable Care Act (ACA), including the requirement to remove the former lifetime maximum limit of $500,000 and annual pharmacy maximum of $2,500. The current reinsurance coverage for CampusCare was written for a one year term and expires August 15, 2016. Apex Healthcare acts as a management service organization that provides back office services for CampusCare, such as claims processing, utilization management and review and some case management. CampusCare administers its own network of providers and does not utilize an external network (TPA/HMO/PPO). The CampusCare model for care is similar to that of an HMO. Members must utilize an in-network provider unless such services are emergent in nature or otherwise authorized by the CampusCare Medical Director.

Product Codes: 91869, 95300, 95352

Agency Information

Issuing Agency: University of Illinois at Chicago

State: Illinois

Agency Type: State and Local

Contact: Mary Cooke University of Illinois at Chicago College of Medicine Research Building, 909 South Wolcott Avenue Room 7175, Chicago, Illinois, 60607

Phone: 312-413-1610

Fax: 312-996-3135




FREE Market Analysis

Get a FREE 90-Day Market Analysis and see the bids you’ve been missing