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City of Cincinnati·Ohio

Dental Insurance Plan Vendors for the Cincinnati Retirement

Closes 7/2/2024$1M – $5MRequest for Proposal
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Description

The City of Cincinnati is seeking a qualified dental insurance carrier to provide a fully‑insured dental plan (including a “buy‑up” supplemental option) for retirees and their dependents under the Cincinnati Retirement System. The contract will run for a five‑year base term (January 1 2025 – December 31 2029) with up to three optional one‑year extensions. Proposals must include detailed premium rates, multi‑year rate caps, performance guarantees, and a comprehensive service package covering claims administration, data reporting, member support, open‑enrollment assistance, and annual satisfaction surveys. The solicitation emphasizes an “A‑rated” carrier status, nationwide network capability, HIPAA compliance, and the ability to deliver value‑added benefits such as discount programs and wellness integration. • Provide a base dental plan matching Plan #1117 specifications (preventive, basic, major, orthodontic coverage) with a buy‑up option. • Deliver full claims processing, monthly/annual utilization reporting, and a dedicated account‑management team. • Offer performance guarantees, multi‑year premium caps, and absorb costs for an annual retiree satisfaction survey.

Attached files

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

Contact

Maria Gadomski(Buyer)

[email protected]

Key dates

Opened
5/23/2024
Questions due
6/7/2024
Closes
7/2/2024
Projected award
8/1/2024
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
RFP065_2024

Budget estimate

$1,000,000 – $5,000,000

The RFP does not disclose a total contract value, but based on the listed 2024 premium rates ($27.89‑$82.07 per member) and assuming a moderate retiree population (e.g., 10,000–30,000 members), annual premium revenue could range from roughly $280,000 to $2.5 million. Over the five‑year base term, the total contract revenue (excluding administrative fees and performance guarantees) could be estimated between $1 million and $5 million. This wide range reflects uncertainty in enrollment numbers, potential rate escalations, and the buy‑up option.

AI estimate from the solicitation

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