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  5. ›Health and Dental Plan Request for Proposals

City of Cambridge·Minnesota

Health and Dental Plan Request for Proposals

Closes 10/8/2026$1M – $2.5MRequest for Proposal
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Description

The City of Cambridge is seeking proposals from qualified health and dental insurance carriers to administer a comprehensive benefits plan for its employees effective January 1 2027. The RFP outlines detailed benefit specifications, premium contribution expectations, and administrative responsibilities, including claims processing, member services, and regulatory compliance. The City will evaluate proposals based on cost, network adequacy, service capabilities, and alignment with the specified benefit design, and will announce the award at a City Council meeting. • Full‑service administration of medical and dental coverage, including enrollment, claims handling, and annual reporting. • Detailed benefit design requirements (e.g., $1,000 individual deductible, $2,500 out‑of‑pocket max, unlimited lifetime benefits, specific dental and prescription drug tiers). • Employer will contribute 90 % of employee premiums; the contract must be executed within 60 days of the plan’s effective date. • Proposals must be submitted by October 8 2026, 4 pm; award announcement on October 19 2026.

Attached files

Contact

Amanda Bruzer(Assistant Finance Director)

[email protected]

(763) 552-3217

Key dates

Opened
9/9/2026
Closes
10/8/2026
Projected award
10/19/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114

Budget estimate

$1,000,000 – $2,500,000

No contract value is disclosed. Based on the City’s current premium rates (≈ $1,800 per employee per month) and the reported participant count (~63 participants), total annual premiums are roughly $1.4 million. With the employer covering 90 % and the carrier receiving the full premium, the contract’s annual revenue is likely between $1 million and $2.5 million, depending on negotiated rates and any additional administrative fees.

AI estimate from the solicitation

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