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Department of Human Resources - Employee Benefits·Vermont

Group Term Life Insurance and AD&D Benefit Administrator

Closes 7/21/2025$500k – $2MRequest for Proposal
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Description

The State of Vermont, Agency of Administration, Department of Human Resources, Employee Benefits, is seeking to establish contracts with one or more companies that can provide Group Term Life & AD&D and Long-Term Disability Benefits. Carriers may bid on Group Term Life & AD&D only, Long Term Disability Benefits only, or bid on all coverages. The scope of work includes providing these benefits to the state's employees. Key aspects of the job include: • Providing Group Term Life & AD&D benefits • Providing Long-Term Disability Benefits • Managing and administering the benefits • Meeting the state's requirements and regulations The ideal candidate will have experience in providing similar benefits and have a strong understanding of the state's requirements and regulations.

Attached files

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

Contact

Clarke Collins

[email protected]

(802) 636-7469

Key dates

Opened
6/26/2025
Closes
7/21/2025

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114

Budget estimate

$500,000 – $2,000,000

The budget for this contract is estimated to be in the range of $500,000 to $2,000,000 per year, based on the scope of work and the number of employees that will be covered. The estimated budget is influenced by factors such as the number of employees, the type and level of coverage, and the administrative costs associated with managing and administering the benefits.

AI estimate from the solicitation

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