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Medicaid Managed Care Actuarial Services

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State & Local

Contract Overview

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This subcontract for Medicaid Managed Care Actuarial Services supports the New Mexico Human Services Department by providing actuarial development, setting, and certification of capitation rates for prime contractors on New Mexico Health Care Authority projects. The scope of work includes developing risk-based capitation rates, analyzing utilization patterns for cost profiles, and calculating rate cells in accordance with CMS rules. The final deliverables consist of signed actuarial certification reports and detailed rate cell exhibits. To qualify for this engagement, the provider must be a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries. The opportunity was posted on September 11, 2026, with a response deadline of October 12, 2026. The project falls under NAICS code 541990 and is managed through the New Mexico Human Services Department.

General Info

Actuarial services for New Mexico Medicaid capitation rate development and certification.

Documents

This scope was carved out of 27-630-8000-0009.

The full solicitation package (11 documents), including the RFP, is on the prime solicitation, not on this scope.

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Professional Services for Medicaid Financial and Actuarial Support

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Organization & Contact Information

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AgencyNew Mexico Human Services Department
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs actuarial development, setting, and certification of capitation rates for prime contractors on New Mexico Health Care Authority (HCA) projects. Develops risk-based capitation rates, analyzes utilization patterns for cost profiles, and calculates rate cells per CMS rules. Requires a Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries. Delivers signed actuarial certification reports and rate cell exhibits.

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Same NAICS industry code

NAICS: 541990
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County Executive Office - CPO

POSTED

4 days ago

DEADLINE

in 18 days
View Details

More opportunities from New Mexico Human Services Department

Same awarding agency

NAICS: 541618
SLED
Professional Services for Medicaid Financial and Actuarial Support
Solicitation # 27-630-8000-0009
The New Mexico Health Care Authority (HCA), Medical Assistance Division, is soliciting proposals under RFP 27-630-8000-0009 for professional actuarial and financial consulting services to support the Turquoise Care Medicaid Managed Care Program. The selected contractor will be responsible for developing, setting, and certifying actuarially sound risk-based capitation rates for all Medicaid Managed Care Organization cohorts, providing Section 1115 budget neutrality modeling, and conducting financial analyses to improve program efficiency and health outcomes. Key deliverables include annual capitation rate certification packages compliant with 42 CFR Part 438 and CMS guidelines, risk score calculation files, and risk corridor evaluation reports. All work must adhere to Applicable Actuarial Standards of Practice and American Academy of Actuaries qualifications. Proposals must be submitted electronically via the designated portal by October 12, 2026. Mandatory submission requirements include a signed Letter of Transmittal, a Campaign Contribution Disclosure Form, a Certification Regarding Lobbying, and a Suspension and Debarment Requirement Form; failure to provide these will result in disqualification. Evaluation is based on the total cost of implementation and organizational experience, verified through at least three organizational references. The contract is subject to state and federal regulations, including HIPAA and HITECH Act requirements for safeguarding protected health information. Payment is issued within thirty days of service acceptance, provided invoices are submitted no later than fifteen days after the end of the fiscal year.
Other Management Consulting Services

POSTED

24 days ago

DEADLINE

in 7 days
View Details

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