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  5. ›EUS RFP 25-11 Employee Health Benefit Broker

Haddonfield Board of Education·New Jersey

EUS RFP 25-11 Employee Health Benefit Broker

Closes 11/14/2025$50k – $200kRequest for Proposal
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Description

The Haddonfield Board of Education is seeking a qualified New Jersey‑licensed insurance broker to act as the Broker of Record for the district’s employee health‑benefit program. The contract runs six months (Jan 1 2026 – Jun 30 2026) with possible extensions, and the vendor will be compensated via commission percentages on the premiums of medical, prescription, dental, and vision coverage. The broker must provide full‑service support including procurement, plan analysis, rate forecasting, regulatory monitoring, carrier compliance, claims review, meeting attendance, employee portal assistance, and retiree advisory services.

Attached files

Contact

Michael A. Catalano(School Business Administrator / Board Secretary)

[email protected]

(856) 429-7510

Key dates

Opened
8/18/2026
Closes
11/14/2025
Duration
6 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
EUS RFP 25-11

Budget estimate

$50,000 – $200,000

The RFP does not disclose a fixed contract dollar amount; compensation is based on commission percentages applied to the total premiums of the district’s health plans. Assuming a mid‑size NJ school district with roughly 800 employees and average annual health‑benefit premiums of $5,000 per employee, total premiums would be about $4 million. Typical broker commissions range from 1‑5% of premiums. Using a 2% commission yields roughly $80,000 in revenue, while a higher 5% commission could generate $200,000. Therefore a realistic earnings range is approximately $50,000 to $200,000, depending on the final commission rates and any additional services.

AI estimate from the solicitation

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