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County of Wake·North Carolina

Voluntary Employee Benefits

Closes 4/24/2025$1M – $10MRequest for Proposal
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Description

Wake County, North Carolina is seeking proposals from qualified Group Life and Disability Insurance providers to insure and administer the county's Group Life and Disability Insurance Program and provide Leave Administration services. The County is also seeking proposals for its voluntary benefits offering, inclusive of Accident, Hospital Indemnity, and Critical Illness coverages. Proposals will be accepted for various combinations of these services. The selected provider will be responsible for claims administration, enrollment services, client services, audit services, and reporting. The provider must meet minimum requirements, including having at least five years of experience administering absences under the Family Medical Leave Act and employer-specific leave of absence programs, and being headquartered in the United States. The provider must also demonstrate financial stability and meet certain rating requirements. • The provider must have experience working with governmental entities or employers similar in size to the County of Wake. • The provider must have the ability to successfully deliver the proposed services, including enrollment services and related communication/enrollment materials. • The provider must have knowledge, expertise, and quality of client service team, including responsiveness of account management team, plan administration, and IS network/systems, and customer service. • The provider must provide client references, including at least three clients who are similar in size and scope of services to the County. • The provider must provide a cost proposal, including premium rates, administrative charges, and any other costs associated with the proposed services.

Attached files

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

Key dates

Opened
3/21/2025
Questions due
3/31/2025
Closes
4/24/2025
Projected award
6/30/2025

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
25-042

Budget estimate

$1,000,000 – $10,000,000

The budget for this opportunity is difficult to estimate, as the document does not provide specific information on the contract value or the number of employees to be covered. However, based on the scope of services and the minimum requirements, it is likely that the contract value will be significant, potentially in the millions of dollars. The provider will need to have the resources and expertise to insure and administer the county's Group Life and Disability Insurance Program, which may involve a large number of employees and dependents. Additionally, the provider will need to provide Leave Administration services, which may require significant administrative and technical resources. The budget may be influenced by factors such as the number of employees to be covered, the scope of services, the level of administrative and technical resources required, and the provider's experience and expertise in delivering similar services.

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