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  5. ›CENADM-2026-0924 Student Health Insurance Broker/Plan Administrator

University of Massachusetts System·Massachusetts

CENADM-2026-0924 Student Health Insurance Broker/Plan Administrator

Closes 9/25/2025$200k – $2MRequest for Proposal
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Description

The University of Massachusetts System is seeking a qualified supplier to provide student health insurance brokerage, consulting, and plan administration services. The bid documents are available at https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=UMass. The services required include providing student health insurance brokerage and plan administration to the University of Massachusetts System. Key aspects of the job involve: • Student health insurance brokerage • Consulting services • Plan administration services • Services to be provided to the University of Massachusetts System The project aims to find a suitable supplier for these services, and bidders are expected to review the bid documents carefully and submit their proposals accordingly.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

[email protected]

(774) 545-8778

Key dates

Opened
8/28/2025
Closes
9/25/2025

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
5242
Solicitation №
BD-26-1109-UMCEN-SHREW-120464

Budget estimate

$200,000 – $2,000,000

The budget for this opportunity can be estimated based on the scope of services required. Given that it involves student health insurance brokerage and plan administration for the University of Massachusetts System, the potential earnings could range widely depending on the number of students, the cost of insurance plans, and the administrative fees. Without specific details on the number of students or the expected cost per student, it's challenging to provide a precise estimate. However, considering the scale of a university system, the contract could potentially be worth hundreds of thousands to a few million dollars annually, depending on the specifics of the services and the fees associated with them. Factors influencing the payment range include the size of the student body, the complexity of the insurance plans, and the efficiency of the administration services.

AI estimate from the solicitation

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