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Maryland City of Hagerstown·Maryland

Health and Pharmacy

Closes 1/8/2026$1.5M – $3.4MRequest for Proposal
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Description

The City of Hagerstown is seeking a carrier to provide health and pharmacy benefits to its active employees and retirees. The selected carrier should duplicate current benefits with minimal network disruption, provide superior service, and achieve cost savings. The proposal should include self-funded medical and pharmacy benefits, with the option to carve out pharmacy benefits. The contract will be effective from July 1, 2026, and the proposed plan anniversary dates should be July 1. The city is looking for a carrier that can provide guaranteed rates, account structure, and rights to records. The proposal should also include information on administrative fees, commissions, and stop-loss quotes. Key aspects of the job include: • Providing health and pharmacy benefits to active employees and retirees • Duplicating current benefits with minimal network disruption • Providing superior service • Achieving cost savings • Self-funded medical and pharmacy benefits • Carving out pharmacy benefits • Guaranteed rates • Account structure • Rights to records • Administrative fees • Commissions • Stop-loss quotes

Attached files

Contact

Tyler French(Procurement Officer)

[email protected]

Key dates

Opened
12/18/2025
Closes
1/8/2026
Projected award
3/1/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
BPM054587

Budget estimate

$1,500,000 – $3,400,000

The budget for this opportunity is difficult to estimate without more information on the number of employees and retirees, as well as the current costs of the health and pharmacy benefits. However, assuming an average cost of $5,000 to $10,000 per employee per year for health insurance, and an additional $1,000 to $2,000 per employee per year for pharmacy benefits, the total cost could range from $1.7 million to $4.3 million per year, based on 347 active employees. The city may be looking to save 10% to 20% on these costs, which could result in a budget range of $1.5 million to $3.4 million per year. Factors that may influence the likely payment range include the number of employees and retirees, the current costs of the health and pharmacy benefits, and the level of cost savings achieved by the selected carrier.

AI estimate from the solicitation

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