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  5. ›RFP 2025-18 Vision Plan

Awarded contract·Covered California·California

RFP 2025-18 Vision Plan

Won by Vision Service Plan (VSP) +1 more$60MAwarded 7/28/2026Multiple Award
Contract source

Awarded vendors

  • Vision Service Plan (VSP)
  • EyeMed Vision Care, LLC

Description

This contract awards Covered California’s Vision Plan to two licensed vision‑insurance carriers. The selected vendors will provide a web‑based enrollment link on the Covered California portal, administer vision benefits statewide, and remit a 5 % commission on all policy premiums (new and renewal) on a quarterly basis. The agreement runs for three years starting 1 Jan 2027, with an optional two‑year extension, and requires a $1 000 application fee plus a $10 000 implementation fee before the link goes live. Vendors must meet extensive licensing, compliance, and performance‑reporting requirements, including quarterly enrollment reports, strict customer‑service metrics, and a generative‑AI risk assessment. • Scope: Statewide vision‑insurance offering via Covered California website, with no overtime or travel reimbursement. • Financial: 5 % premium commission, $10 k implementation fee, $1 k application fee; no fixed contract value disclosed. • Compliance: California licensing, good‑standing corporate status, sanctions check, and HBEX 707 AI disclosure required.

Attached files

Key dates

Bids closed
7/8/2026
Intent to award
7/28/2026
Awarded
7/28/2026
Contract modified
6/25/2026
Starts
1/1/2027
Ends
12/31/2029Renews
Duration
3 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
RFP 2025-18

Contract value

$60,000,000

No explicit contract value is disclosed; payment is based on a 5 % commission of policy premiums. Assuming Covered California enrolls roughly 2 million members in vision coverage with an average annual premium of $200, total annual premiums would be about $400 million. A 5 % commission yields roughly $20 million per year, or $60 million over the three‑year base term. Adding the $10 k implementation fee (negligible relative to premiums) and the $1 k application fee, a reasonable ball‑park estimate for the contract’s economic impact is approximately $60 million. Factors influencing this estimate include actual enrollment numbers, premium levels, and renewal rates.

AI estimate from the award documents

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