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City of Cincinnati·Ohio

Retirement Vision Insurance

Closes 6/12/2025$500k – $1.5MRequest for Proposal
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Description

The City of Cincinnati is seeking a qualified vision‑insurance carrier to provide and administer a retirement vision‑benefit plan for approximately 3,600 eligible retirees and their dependents. The contract will cover enrollment (voluntary, paper‑based), claims processing, network management, and ongoing reporting. Vendors must offer a core vision plan matching the existing EyeMed design and a “buy‑up” option that retirees can elect during open enrollment. Requirements include 24‑hour data‑upload turnaround, ten‑year record retention, HIPAA compliance, dedicated account management, and an annual member‑satisfaction survey at no cost to the City. The award will result in a five‑year contract (2026‑2030) with three optional one‑year extensions.

Attached files

Contact

Maria Gadomski(Buyer)

[email protected]

Key dates

Opened
5/15/2025
Questions due
5/23/2025
Closes
6/12/2025
Projected award
1/1/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
RFP255X901065

Budget estimate

$500,000 – $1,500,000

Based on the reported enrollment of roughly 3,600 retirees and the current monthly rates (e.g., $2.40 employee‑only, $7.06 family), the annual premium exposure is approximately $110 K. Assuming the carrier receives a fixed‑fee administrative component in addition to the premium revenue, total contract value could range between $150 K and $300 K per year. Over the five‑year base term, the total budget would likely be between $750 K and $1.5 M.

AI estimate from the solicitation

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