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  5. ›Renewal Notice - Employee Health Benefits Program 26-27

Illinois THA - Toll Highway Authority·Illinois

Renewal Notice - Employee Health Benefits Program 26-27

Closes 3/10/2026$38.5M – $75MRequest for Quotation
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Description

The Toll Highway Authority (THA) is renewing its Employee Health Benefits Program with Aetna Life Insurance Company for a one-year period, from 03/01/2026 to 02/28/2027. The initial contract term was one year, with an option for four one-year renewal options and a 3% annual increase in administrative fees. This first contract renewal increases the contract amount to $75,000,000.00. The program provides medical, dental, and optical benefit administration services for ISTHA employees and qualified dependents. • The contract involves a renewal of the existing contract with Aetna Life Insurance Company. • The contract term is one year, with the option for future renewals. • The contract amount is $38,500,000.00 for the renewal period. • The program includes medical, dental, and optical benefits for ISTHA employees and dependents. • A Business Enterprise Program (BEP) subcontractor, Sepire LLC, is identified in the utilization plan with a 3% award of the contract's administrative fees.

Attached files

Contact

Cheryl Heinz

[email protected]

Key dates

Opened
2/24/2026
Closes
3/10/2026
Duration
1 year

Last updated

Details

Type
Request for Quotation
Industry
Insurance
NAICS
524114
Solicitation №
26-557THA-FINAN-B-51242

Budget estimate

$38,500,000 – $75,000,000

Based on the information provided, the budget for this opportunity is estimated to be around $38,500,000.00, as mentioned in the document. However, this amount only represents the renewal and not the entire contract value. The total contract value, including the initial term and all renewal options, could be significantly higher. Factors that may influence the likely payment range include the number of employees and dependents covered, the scope of benefits provided, and the administrative fees associated with the contract.

AI estimate from the solicitation

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