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  5. ›Group Dental Insurance - DHMO

Awarded contract·Jackson County·Missouri

Group Dental Insurance - DHMO

Won by Ameritas Life Insurance Corp. +1 more$301kMultiple Award
Contract source

Awarded vendors

  • Ameritas Life Insurance Corp.
  • FCL Dental

Description

The contract is for group dental insurance, with two vendors, Ameritas Life Insurance Corp. and FCL Dental of Sugarland, TX. The contract term is 12 months with an option to extend for another 12 months. The contract includes dental PPO and DHMO plans, as well as vision insurance. The total premium costs for the plans are as follows: - PPO Base Plan: $18.56 (Associate Only), $34.40 (Associate +1), $61.88 (Family) - PPO Buy-Up Plan: $29.36 (Associate Only), $57.88 (Associate +1), $96.56 (Family) - DHMO Plan: $8.76 (Associate Only), $14.26 (Associate +1), $22.00 (Family) - Vision Plan: $5.64 (Associate Only), $10.72 (Associate + Spouse), $11.28 (Associate + Children), $16.52 (Family) The contract also includes a $10,000 implementation credit from Ameritas. Key points: • The contract is for group dental insurance with two vendors. • The contract term is 12 months with an option to extend for another 12 months. • The contract includes dental PPO and DHMO plans, as well as vision insurance. • The total premium costs for the plans vary depending on the plan and the number of associates. • The contract includes a $10,000 implementation credit from Ameritas.

Attached files

Key dates

Starts
1/1/2023
Ends
12/31/2023Renews
Duration
1 year

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524114
Solicitation №
103936

Contract value

$300,602

Based on the contract details, the total premium costs for the plans are as follows: - PPO Base Plan: $18.56 (Associate Only), $34.40 (Associate +1), $61.88 (Family) - PPO Buy-Up Plan: $29.36 (Associate Only), $57.88 (Associate +1), $96.56 (Family) - DHMO Plan: $8.76 (Associate Only), $14.26 (Associate +1), $22.00 (Family) - Vision Plan: $5.64 (Associate Only), $10.72 (Associate + Spouse), $11.28 (Associate + Children), $16.52 (Family) The contract also includes a $10,000 implementation credit from Ameritas. Assuming an average of 100 associates, with 50% enrolled in the PPO Base Plan, 20% enrolled in the PPO Buy-Up Plan, 10% enrolled in the DHMO Plan, and 20% enrolled in the Vision Plan, the estimated annual cost of the contract would be: - PPO Base Plan: 50 associates x $18.56/month x 12 months = $11,136 - PPO Buy-Up Plan: 20 associates x $29.36/month x 12 months = $7,056 - DHMO Plan: 10 associates x $8.76/month x 12 months = $1,051 - Vision Plan: 20 associates x $5.64/month x 12 months = $1,359 Total estimated annual cost: $20,602 Adding the $10,000 implementation credit from Ameritas, the total estimated value of the contract would be $30,602. However, this is a rough estimate and the actual value of the contract may vary depending on the actual number of associates enrolled and the actual costs of the plans.

AI estimate from the award documents

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