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  5. ›Vision Insurance Coverage Addendum

Newark Board of Education·New Jersey

Vision Insurance Coverage Addendum

Closes 1/16/2026$50k – $500kRequest for Proposal
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Description

The Newark Board of Education is seeking proposals for vision insurance coverage. The District is currently working with USI Insurance Services and Aetna. The proposal submission deadline is January 16, 2026. The District is looking for a provider that can offer a composite rate and administer the vision program on a rolling basis. The provider should also be able to provide electronic versions of benefit booklets and mail physical ID cards. The District has provided various documents, including a vision census, premium and claims data, and utilization experience, to assist proposers in preparing their proposals. • The proposal should include a rate template and match the current rate structure. • The provider should be able to administer the vision program on a July 1 renewal date. • The provider should be able to provide a composite rate for all employees. • The provider should be able to provide electronic versions of benefit booklets and mail physical ID cards. • The provider should be able to provide utilization experience, including exams, contact lens exams, and fittings.

Attached files

Key dates

Opened
1/8/2026
Closes
1/16/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
5241
Solicitation №
10172E

Budget estimate

$50,000 – $500,000

The budget for this opportunity is difficult to estimate because the document does not provide a specific budget or payment amount. However, based on the information provided, it appears that the Newark Board of Education is seeking a provider to administer vision insurance coverage for its employees. The provider will be responsible for administering the vision program, providing electronic versions of benefit booklets, and mailing physical ID cards. The payment amount will likely depend on the number of employees enrolled in the vision program and the premium rates charged by the provider. A rough estimate for the budget could be between $50,000 and $500,000 per year, depending on the scope of the project and the number of employees covered.

AI estimate from the solicitation

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