Itawamba Community College is seeking a Benefits Plan Administrator to provide various voluntary insurance products and conduct administration, including compliance with the Section 125 Cafeteria plan. The contract term will be for one plan year with an option to extend for four additional years. The college is interested in researching multiple avenues for employees to enroll in their insurance coverages. The successful bidder will be responsible for proposing supplemental insurance products, including accident, cancer, critical illness, dental, and more.
• The college employs approximately 415 full-time employees.
• The Benefits Plan Administrator will be responsible for conducting open enrollment and educating employees on the benefits and services provided.
• The college is interested in having one invoice for all coverages under the Plan Administrator's umbrella.
• The successful bidder will be required to maintain confidentiality of agency information and employee information as related to HIPAA law.
• The evaluation criteria will include relevant experience and references, open enrollment methods, fees and billing invoice, educational material and servicing the account, consultant period, and confidential information.
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