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  5. ›HEALTH PLAN (SELF-FUNDED & FULLY INSURED)

Awarded contract·City of Palm Bay·Florida

HEALTH PLAN (SELF-FUNDED & FULLY INSURED)

Won by Blue Cross and Blue Shield of Florida Inc. +2 more$7.5MMultiple Award
Contract source

Awarded vendors

  • Blue Cross and Blue Shield of Florida Inc.
  • Health First Health Plans Inc.
  • United Healthcare

Description

The City of Palm Bay, Florida, issued a Request for Proposal (RFP) for a group health insurance plan for its eligible employees, their dependents, and retirees. The plan was to be effective December 1, 2010, and the participants of the group to be served were approximately 750 regular employees of the City. The RFP was open to pre-qualified health insurance companies, and three firms submitted proposals: Blue Cross and Blue Shield of Florida Inc., Health First Health Plans Inc., and United Healthcare. The contract document includes the bid information, proposal submissions, and contact information for the City of Palm Bay representatives. • The RFP was issued on August 19, 2010, and the bid submission date was September 2, 2010. • The contract is for a group health insurance plan, which includes self-funded and fully insured options. • The City of Palm Bay is the agency responsible for awarding the contract. • The contract document includes addendums and other relevant documents.

Attached files

Key dates

Starts
12/1/2010

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
2010-0-92

Contract value

$7,500,000

The value of the contract is not explicitly stated in the document. However, based on the information provided, it can be estimated that the contract value is likely in the range of $5 million to $10 million per year, considering the number of employees and the type of insurance plan. This is a rough estimate and may not be accurate, as the actual contract value depends on various factors, including the premium rates and the number of participants.

AI estimate from the award documents

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