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  5. ›Administration & Management - Workers' Comp. & IOD / HR

Awarded contract·City of Worcester·Massachusetts

Administration & Management - Workers' Comp. & IOD / HR

Won by FutureComp +1 more$400kMultiple Award
Contract source

Awarded vendors

  • FutureComp
  • USI Insurance

Description

The City of Worcester is procuring a third‑party administrator to fully manage its workers‑compensation and Injured‑On‑Duty (IOD) claims for a three‑year base term (with a possible one‑year renewal). The contractor must provide claim intake, investigation, medical billing, benefit payments, reporting, litigation support, on‑site senior adjuster presence, nurse case‑management, loss‑control services, and pharmacy benefit management. The award will be made to the most advantageous proposal, which was ultimately awarded to FutureComp/USI Insurance. The contract includes flat annual fees for workers’ compensation ($90,455) and IOD ($98,550) plus unit‑price rates for medical bill review, utilization review, case‑management, and loss‑control. The City requires compliance with Massachusetts statutes, electronic case‑management access, and quarterly/annual reporting. • Full‑service administration of WC and IOD claims, including medical and indemnity processing. • On‑site senior adjuster (≥40 hrs/week) and optional nurse case‑management. • Additional cost‑containment services: PPO savings, pharmacy benefit management, utilization review, and loss‑control consulting.

Attached files

Key dates

Bids closed
10/11/2023
Contract modified
9/29/2023
Starts
12/1/2023
Ends
11/30/2025Renews
Duration
2 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
CR-8073-W4

Contract value

$400,000

The addendum lists flat annual fees of $90,455 for workers’ compensation and $98,550 for IOD, totaling $189,005 per year. Over the base two‑year term this equals $378,010. Adding anticipated per‑unit charges (medical bill review, utilization reviews, case‑management, loss‑control, and pharmacy benefits) likely brings the total to roughly $400,000–$425,000 for the full contract period. Therefore a reasonable ball‑park estimate is about $400,000.

AI estimate from the award documents

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