Voluntary Paid Family and Medical Leave Insurance (FMLI) Administrator

expired opportunity(Expired)
From: Vermont(State)
started - 01 Jul, 2022 (3 months ago)

Start Date

01 Jul, 2022 (3 months ago)
due - 01 Jul, 2022 (3 months ago)

Due Date

19 Aug, 2022 (1 month ago)
Bid Notification

Opportunity Type

Bid Notification
Voluntary Paid Family and Medical Leave Insurance (FMLI) Administrator

Opportunity Identifier

Voluntary Paid Family and Medical Leave Insurance (FMLI) Administrator
Dept. of Human Resources - Employee Benefits

Customer / Agency

Dept. of Human Resources - Employee Benefits
120 State Street  5th Floor  Montpelier  VT  05620-2505

Location

120 State Street 5th Floor Montpelier VT 05620-2505
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The State is looking to identify, select, and contract with an insurance carrier(s) capable of underwriting, insuring, and administering Family Medical Leave Insurance (FMLI) for the potential covered populations listed below. Respondents to this Request for Proposal (RFP) are asked to describe their risk and underwriting tolerance and any associated concerns and also provide potential solutions for both (a) covering all entities and (b) providing administrative services to the different covered populations, particularly individuals, which is further detailed in the questionnaire. Note that different administrative solutions will be required for both employers and individuals. The successful bidder would contract directly with and cover approximately 8,600 State of Vermont employees (Phase One), and expand, offer, and implement a similar FMLI product for the other covered entities on mutually agreeable terms (Phase Two), and then ultimately on an individual basis (Phase Three). The State is also interested in creating a competitive marketplace for voluntary FMLI whereby other carriers offer coverage to eligible employers and employees even if those carriers do not cover the State of Vermont employees. For additional information, including census data, Tom Rugg of Hickok & Boardman HR Intelligence will be in charge of this project. To request additional information, please email him at trugg@hbhriq.com.

Dates

Start Date

01 Jul, 2022 (3 months ago)

Due Date

19 Aug, 2022 (1 month ago)

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Location

Country : United StatesState : Vermont