Request for Proposal for Administrative Services & Stop Loss

The City of Bismarck is seeking bids for administrative services and stop-loss coverage. The city is looking for carriers to provide self-funded capacity, with stop-loss provisions matching their current policy. The city will also be conducting a market review of carved-in PBM models and may consider carving out if financially advantageous. Carriers are asked to provide quotes for carved-in PBM and stop-loss, with options to carve out if needed. The city prefers carriers that offer multi-year rate guarantees or caps and implementation credits to cover run-out costs. • The city is seeking bids for administrative services and stop-loss coverage • Carriers must provide self-funded capacity with stop-loss provisions matching the city's current policy • The city will conduct a market review of carved-in PBM models and may consider carving out if financially advantageous • Carriers must provide quotes for carved-in PBM and stop-loss, with options to carve out if needed • The city prefers carriers that offer multi-year rate guarantees or caps and implementation credits to cover run-out costs