Third-Party Insurance Administrator (2026-UWMSN-01079-RFP)

The University of Wisconsin-Madison is requesting proposals for the purchase of a Third-Party Insurance Administrator. The successful bidder will be responsible for administering the university's insurance program, including processing claims and providing administrative services. The university is looking for a provider that can offer competitive pricing and excellent customer service. Key aspects of the job include: * Administering the university's insurance program * Processing claims and providing administrative services * Communicating with the university's Insurance Coordinator and identifying approval for payment * Providing a 3-year history of administrative costs associated with the program * Understanding the scope of the program, including the number of claims processed, number of bills received, and total paid amounts. Some key information about the job includes: * The university's current contract with A-G Administrators, LLC is expiring on 1/14/26 * The current paid fee for services is $51k/year * The university does not have a specific document that provides direction on adjudicating claims * The university's Insurance Coordinator communicates with the TPA and identifies approval for payment * The university is looking for a provider that can offer competitive pricing and excellent customer service * The university has provided 3 years of data on the total number of claims processed and total paid amounts.