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  5. ›Basic and Supplemental Life Insurance Plans

Memorial Healthcare System - South Broward Hospital District·Florida

Basic and Supplemental Life Insurance Plans

Closes 12/19/2025$500k – $2MRequest for Proposal
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Description

Memorial Healthcare System is seeking proposals from qualified insurance carriers to provide Basic Life Insurance and Supplemental Life Insurance for eligible employees and their dependents. The selected carrier will be responsible for plan implementation, eligibility management, claims adjudication, evidence of insurability processing, portability/conversion options, and beneficiary record maintenance. The carrier must also integrate with Memorial Healthcare System's HRIS platform, Workday. Key services required include: • Plan implementation and administration • Eligibility management • Claims adjudication • Evidence of insurability processing • Portability/conversion options • Beneficiary record maintenance • Integration with Workday HRIS platform

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jacqueline Vaquer(Director of Employee Benefits)

[email protected]

(954) 265-7800

Key dates

Opened
11/21/2025
Closes
12/19/2025

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
524113
Solicitation №
RFP-RFP-RFP-RFP-65-11-2025/JV-11-0-2025/JV

Budget estimate

$500,000 – $2,000,000

The budget for this contract is difficult to estimate, as the document does not provide a specific budget or projected costs. However, considering the scope of work, which includes providing life insurance plans for eligible employees and their dependents, the contract value could be substantial. A rough estimate could be in the range of $500,000 to $2 million per year, depending on the number of employees and dependents covered, as well as the premium rates offered by the selected carrier. Factors influencing the likely payment range include the number of employees, the scope of coverage, and the premium rates.

AI estimate from the solicitation

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