Retiree Medical Program

The University of Minnesota is seeking competitive bids for its Retiree Medical Program, with the current process focused on selecting a provider to manage retiree health benefits. Under the existing arrangement, retirees are responsible for paying their insurance carriers directly. The solicitation, identified as solicitation number 11981.08192024 Addendum 2, was posted on August 23, 2024, with a deadline for responses set for September 20, 2024. Interested suppliers are instructed to communicate exclusively through the designated Purchasing Services representative, Dave Krueger, and are prohibited from contacting the Office of Human Resources during the bidding process. Respondents must thoroughly review relevant background materials, including the Scope of Work, Supplier Process and Information Guide, and Attributes, all accessible via provided links, to ensure compliance and clarity before submitting their proposals. The contract size is estimated to range between five and twenty million dollars, reflecting the scope and significance of the program. The procurement emphasizes early submission to avoid rejection due to errors or late delivery, with the entire process managed electronically through the MBID platform, which provides detailed procedural guidance. This initiative aligns with the university’s broader procurement policies and aims to secure a qualified provider capable of delivering comprehensive retiree medical benefits efficiently and effectively.