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  5. ›2026-0033-HR Employee Medical and Prescription Drug Administrative…

Santa Fe County·New Mexico

2026-0033-HR Employee Medical and Prescription Drug Administrative Service and Stop Loss Insurance

Closes 9/5/2025$1.8M – $2.8MRequest for Proposal
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Description

Santa Fe County is seeking a single‑carrier, bundled solution that administers its self‑funded employee medical and prescription‑drug plan and provides single‑loss stop‑loss insurance. The contract must include full claims administration, an existing NM provider network, a pharmacy‑benefit manager, disease‑management, utilization‑management, wellness services, performance guarantees, and a transparent 100 % pass‑through of pharmacy rebates. Proposals must be submitted by the carrier/administrator directly (no brokers or MGAs) and must include detailed cost proposals (PEPM rates, stop‑loss limits of $275 k, $300 k, $325 k) and required exhibits. The award is expected in October 2025 with benefits effective January 1 2026 and renewing each January thereafter. • Mandatory “bundled” contract – medical/Rx claims administration, network, PBM, and stop‑loss must be provided by the same entity. • Strict submission rules – drop‑box only, 15‑page technical narrative, no NDAs, and no extensions for questions or proposals. • Performance & fiduciary requirements – ERISA fiduciary status, fee caps, and performance guarantees required. • Data and reporting – online standard reports at no extra cost, website/portal for HR staff and participants, and detailed line‑by‑line pharmacy repricing (Exhibit 1G).

Attached files

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

Contact

Bill Taylor(Procurement Manager)

[email protected]

(505) 986-6373

Key dates

Opened
8/10/2025
Questions due
8/27/2025
Closes
9/5/2025
Projected award
10/1/2025
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
2026-0033-HR

Budget estimate

$1,800,000 – $2,800,000

Because the solicitation does not disclose total contract value, we estimate based on typical self‑funded municipal health plans. Assuming roughly 5,000 county employees at an average PEPM of $300 for medical/Rx administration plus stop‑loss premiums, annual spend could range from $1.5 M to $2.5 M. Including implementation, reporting, and performance‑guarantee fees, the contractor’s revenue might be $1.8 M–$2.8 M over the first year.

AI estimate from the solicitation

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