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Awarded contract·Frederick County Procurement & Contracting Dept·Maryland

Medicare Advantage Prescription Drug Coverage for Medicare Retirees

Won by United Healthcare +3 more$5MMultiple Award
Contract source

Awarded vendors

  • United Healthcare
  • Cigna Health & Life Insurance Company
  • CareFirst BlueCross BlueShield
  • Humana Insurance Company

Description

Frederick County, Maryland is seeking to provide high-quality, cost-effective benefits to retirees and their spouses. The county is soliciting offers for a fully-insured, group, passive national MAPD PPO plan with the same benefits for services rendered in or out-of-network. The contract requires the vendor to provide a technical proposal, price proposal, and other documents. The contract is expected to be awarded to one or more vendors, with the award listed on the website after final award by the county. Key aspects of the contract include: • The contract is for Medicare Advantage Prescription Drug Coverage for Medicare Retirees • The contract requires a fully-insured, group, passive national MAPD PPO plan • The contract has a due date of July 11, 2024, at 1:00 PM local time • The contract is expected to be awarded to one or more vendors • The award will be listed on the website after final award by the county

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
24-341

Contract value

$5,000,000

Based on the contract description, it is difficult to estimate the exact value of the contract. However, considering the scope of the project, which involves providing Medicare Advantage Prescription Drug Coverage for Medicare Retirees, the value could be in the range of millions of dollars. The contract requires a fully-insured, group, passive national MAPD PPO plan, which suggests a significant investment in healthcare services. Additionally, the contract is expected to be awarded to one or more vendors, which could impact the overall value of the contract. A rough estimate could be between $1 million to $10 million, but this is highly speculative and may not reflect the actual value of the contract.

AI estimate from the award documents

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