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Michigan State University·Michigan

Retiree Benefits

Closes 11/16/2026$10M – $20MRequest for Proposal
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Description

Michigan State University is seeking proposals to administer its retiree health‑benefit portfolio, which includes pre‑65 medical and pharmacy coverage, Medicare Advantage, and Medicare Part D. The selected vendor must be fully licensed, possess CMS authorizations for Medicare products, and be ready to launch services by 1 January 2028 for roughly 9,000 covered lives. Proposals must include detailed pricing templates, disruption assessments, and compliance documentation (HIPAA, FERPA, accessibility, etc.). The contract will likely be a multi‑year agreement with an estimated award date of early 2027. • Administer and process claims for four benefit programs (pre‑65 medical, pre‑65 Rx, MA, Part D). • Provide enrollment, eligibility verification, member service, network management, and regulatory reporting. • Deliver required templates (pricing, disruption, VPAT) and meet strict data‑security and insurance obligations. • Must demonstrate experience with ≥1,000‑member group health plans and be operational by the implementation‑readiness date.

Attached files

Contact

Kathleen Perron(RFP Contact / Procurement)

[email protected]

Key dates

Opened
10/22/2026
Questions due
10/27/2026
Closes
11/16/2026
Projected award
2/1/2027
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
953876

Budget estimate

$10,000,000 – $20,000,000

The solicitation provides no budget, but with roughly 9,000 covered lives and typical administrative fees of $150‑$250 per member per year, annual contract values could range from $13 million to $23 million. Assuming a multi‑year term, total contract value may be in the $20‑$60 million range. Factors influencing the estimate include the fee structure (per‑member‑per‑month vs. flat fee), inclusion of performance guarantees, and any required network or formulary enhancements.

AI estimate from the solicitation

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