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  5. ›RQ14216: Group Medical, Prescriptions, Stop Loss

Awarded contract·Cuyahoga County·Ohio

RQ14216: Group Medical, Prescriptions, Stop Loss

$7.5MSingle Award
Contract source

Description

This solicitation seeks proposals to provide three insurance‑related services for Cuyahoga County’s employee health plan: a Group Medical Administrative Services Only (ASO) program, a Prescription Drug Pharmacy Benefit Manager (PBM), and Stop‑Loss insurance coverage. Vendors must become “plan‑holders of record” by calling the Department of Purchasing to receive the full RFP package and any addenda. Proposals were due April 30, 2024, with a pre‑proposal conference on April 16, 2024. The anticipated contract period is January 1 2025 through December 31 2025. Submission could be made by mail/hand‑delivery or electronically via the County Supplier Portal. No budget, vendor, or pricing details are disclosed in the public notice.

Attached files

Key dates

Bids closed
4/30/2024
Contract modified
4/22/2024
Starts
1/1/2025
Ends
12/31/2025
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
5392

Contract value

$7,500,000

The public notice provides no budget or contract value. To estimate, consider that Cuyahoga County’s employee health plan likely covers several thousand employees. Typical annual premiums for a combined Group Medical, PBM, and Stop‑Loss package for a public‑sector employer of this size range from $5 million to $10 million, depending on plan design, utilization rates, and stop‑loss coverage limits. Assuming an average per‑employee cost of $1,500–$2,000 for the three services, and a workforce of roughly 5,000–6,000 county employees, the contract value would fall near $7.5 million. Therefore a reasonable ball‑park estimate is approximately $7,500,000.

AI estimate from the award documents

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