This Solicitation opportunity from Virginia was posted on March 4, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
RFP 25-3316-6208, Administrative Services for Group Medical and Prescription Drug Coverage, and Reinsurance (Stop Loss Insurance)
Contract Overview
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AI Contract Overview
The contract aims to secure administrative services for the City of Newport News' group medical and prescription drug insurance programs, covering a broad spectrum of eligible participants including active employees, COBRA continuants, pre-65 retirees, and City Council Members. The selected contractor will be responsible for managing these insurance programs and providing reinsurance, specifically stop-loss coverage, to mitigate financial risks associated with high claims. The solicitation, identified as RFP 25-3316-6208, was posted on March 4, 2025, with a deadline for responses set for April 4, 2025. The contract is valued between five million and twenty million dollars and falls under the NAICS code 561110, which pertains to administrative services. It is issued by the Economic Development Authority of the City of Newport News, Virginia, an organization operating within the State of Virginia. The scope of work emphasizes comprehensive administration and reinsurance services to ensure the effective management and financial stability of the City’s health insurance programs. Interested vendors can access further details through the provided online link to the solicitation portal.
General Info
Place of Performance
VA, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
Earlier notices in this NAICS code
Posted before this notice, open and closed
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