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  5. ›Medicare Advantage Plan

Metro Nashville Public Schools·Tennessee

Medicare Advantage Plan

Closes 7/10/2026$200k – $800kRequest for Quotation
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Description

This RFQ seeks a fully‑insured Medicare Advantage (MAP‑D) plan—both PPO and HMO options—to serve approximately 4,160 MNPS retirees and their eligible dependents. Vendors must submit detailed cost spreadsheets for three plan designs (baseline, baseline without the $150 medical deductible, and an optional enhanced design), provide historical claims and census data, and demonstrate the ability to maintain a broad provider network, meet CMS requirements, and deliver high‑quality retiree support services. The contract runs five years starting 1 Jan 2027 with annual renewal options, and the lowest monthly premium for the “no‑deductible” option will be the primary pricing evaluation factor. • Provide fully‑insured MAP‑D coverage (medical + Part D) for PPO and HMO plans covering retirees, spouses, families, survivors, and Medicare‑dependent beneficiaries. • Submit cost proposals via the Exhibit A cost spreadsheet (Option 1, Option 2, Option 3) and include a retiree‑advocacy service cost if applicable. • Deliver required data sets (member census, 2‑year medical claims, 1‑year pharmacy claims, provider utilization, risk scores) and comply with HIPAA BAA, insurance, and EGWP requirements. • Meet performance guarantees, network adequacy, and reporting obligations; optional vision integration may be submitted for review only.

Attached files

Contact

Scott Donovan Ghee(Buyer)

[email protected]

Key dates

Opened
6/29/2026
Questions due
6/15/2026
Closes
7/10/2026
Duration
5 years

Last updated

Details

Type
Request for Quotation
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
RFQ MNPS000061

Budget estimate

$200,000 – $800,000

Based on the disclosed premium rates (≈ $264 / member / month) and an enrollment base of roughly 4,160 retirees, annual premium revenue is about $1.3 million. Over the five‑year base period this equals ≈ $6.5 million in gross premium. Assuming the carrier retains a typical profit margin of 5‑10 % after claims, administration, and regulatory costs, the net earnings for the vendor could fall between $300 k and $650 k over the contract term. Adjustments for optional retiree‑advocacy services, performance guarantees, and any CPI‑U price adjustments could push the range higher, so a reasonable estimate is $200 k‑$800 k.

AI estimate from the solicitation

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