Medicare Advantage with Prescription Drug (MAPD) Program
Agency:New York Saratoga County
State:New York
NAICS Code:524114
Industry:Healthcare and Medical Services
Solicitation Type:Request for Proposal
Solicitation ID:25-RFPMAPDBP-1
6/13/2025
Close Date:7/3/2025
Projected Award Date:9/1/2025
Project Duration:1 year
Last Updated:6/23/2025
Please visit the bid source via the “Link to Bid Source” button below for documentation.
John Warmt, Brandon Hemmings, Lisa Kearney(Purchasing Department, and Health Consultants at The Segal Company)
jwarmt@saratogacountyny.gov, bhemmings@segalco.com, lkearney@segalco.com
(518) 885-2210
$30,000,000 – $60,000,000
The budget for this contract is likely to be substantial, given the size of the plan (925 Medicare eligible participants) and the complexity of the services required. A rough estimate for the annual cost of a Medicare Advantage plan with Prescription Drug coverage for 925 participants could be in the range of $10 million to $20 million, depending on the specific benefits and provider network. The vendor will need to provide a quote for the combined Medicare Advantage and Prescription Drug plan, which will be a key factor in the evaluation of the proposal. Additionally, the vendor will need to provide rate guarantees for 2027 and 2028, which will also impact the overall budget. Overall, the budget for this contract could be in the range of $30 million to $60 million over the three-year period.
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