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University of Louisville·Kentucky

RFP-2348 Stop Loss Insurance

Closes 10/17/2025$200k – $600kRequest for Proposal
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Description

The University of Louisville is seeking a qualified vendor to administer its stop‑loss insurance program for its employee health plan. The scope includes providing quotes for three deductible levels ($400k, $450k, $500k), delivering a contract that incorporates a 40 % rate cap, a “no new laser” clause at renewal, and an experience‑refund mechanism, as well as ensuring gene‑therapy coverage and a streamlined reimbursement process. • Provide stop‑loss coverage quotes for the three specified deductible tiers and administer the resulting policies. • Include contract provisions: 40 % rate cap, no‑new‑laser at renewal, and experience‑rated refunds. • Offer gene‑therapy coverage under standard limits and demonstrate an efficient reimbursement/administration system. • Submit required technical and financial documents (authentication form, executive summary, pricing Excel sheet, financial statements, contract‑provision details, and reimbursement plan) by the October 17 2025 deadline.

Attached files

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

Contact

Kristen Tucker(Contract Specialist)

(502) 852-7211

Key dates

Opened
10/6/2025
Questions due
10/9/2025
Closes
10/17/2025
Projected award
11/10/2025
Duration
24 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
1002250

Budget estimate

$200,000 – $600,000

The university’s current stop‑loss premium is about $57.52 per employee per month for roughly 5,200 active employees, equating to an annual premium of ~ $3.6 million (plus a $4 PEPM data‑feed fee adding ≈ $0.25 million). Assuming the vendor earns a management fee of 5‑10 % of the premium and modest additional fees for administration, the contract’s revenue could range from $180 k to $600 k annually. Factoring potential ancillary services (e.g., data analysis, claim administration) could push the upper end higher. Therefore a realistic budget estimate lies between $200 k and $600 k for the 24‑month term.

AI estimate from the solicitation

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