How To Write A Section 125 Flexible Benefit Plan For Duplin County Schools



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REQUEST FOR PROPOSALS (RFP) EMPLOYEE BENEFITS BROKER / CONSULTING SERVICES DUPLIN COUNTY SCHOOLS PO Box 128 Kenansville, NC 28349 Section 125 Flexible Benefit Plan Issue Date: October 1, 2015 Due Date: December 8, 2015 Sealed proposals must be received by 12:00 noon on December 8, 2015. Indicate the firm and/or company name and the primary contact person on the front of each sealed proposal envelope or package. Any proposals received after 12:00 noon on December 8, 2015 will not be considered. Duplin County Schools reserves the right to reject any or all proposals submitted, or to accept a higher proposal if that higher proposal provides better services or products for our employees or school system. Proposals must contain all materials such as brochures that will be used during the enrollment process. There is no expressed or implied obligation for this school system to reimburse responding companies for any expenses incurred in preparing or presenting proposals in response to this request. During the evaluation process, Duplin County Schools reserves the right, where it may serve the school system s best interest, to request additional information or clarification from proposers, or allow corrections of errors or omissions. At the discretion of the school system, companies submitting proposals may be requested to make oral presentations as part of the evaluation process. Each vendor will need to furnish five (5) copies of the proposal. PURPOSE Duplin County Schools is soliciting Request for Proposals (RFP) for employee benefits broker / consulting services. Currently, we are not requesting specific rates for our benefits. We are in search of a broker/consultant with evidence that they are

able to provide the needed benefit administration for Duplin County Schools and its employees. It is our intention not to release census data or claims history until after the benefit administrator has been chosen. This Request for Proposal does not indicate in any way that we are dissatisfied with the services, plans and/or products of our current provider, instead we are ensuring that our employees are continually offered the best benefit services and products available. Duplin County Schools has 1100 employees, 16 schools, a central office, several Pre-K sites, a technology site, maintenance and a transportation site. TYPE OF PLAN The school system desires to have one vendor provide and service the proposed plan. Proposals should include the following benefits. Verify that your company has the experience and expertise to shop the market for and administer each of the following benefits: Benefits _ Yes / No Section 125 Flexible Benefits Plan Administration (Including Medical and Dependent Care Flexible Spending Accounts) Group Term Life Permanent Whole / Universal Life Short-Term Disability Dental Coverage Vision Care Cancer/Intensive Care Critical Illness Accident Plan Hospital Indemnity Sickness Plan OTHER SERVICES REQUIRED BY THE SCHOOL SYSTEM 2

Enrollment Services (web enrollment, individual counseling, etc) required in implementing the plan. The Section 125 provider will be responsible for completion of discrimination testing, all required reports and will adhere to procedures, guidelines, regulations, and laws related to the collection, disbursement, and record keeping for the spending accounts for employees and any tax filings as required by the Internal Revenue Service. The Section 125 administrator will maintain an appropriate level of fidelity bond coverage during the contractual period. The school system requires the firm to offer reimbursement under the flexible spending accounts. EVALUATION STANDARDS Proposals will be evaluated based on the model plan design, enrollment and communication capabilities, cost to employer, and financial stability of the company. Duplin County Schools requires a North Carolina licensed agent with the expertise and capacity to provide the products and services requested to an employer of at least 1000 employees. Such expertise and capacity must be fully evident within the proposal and verifiable through a minimum of five (5) references. These five references must be from employers of at least 1000 employees, in which you currently provide Flexible Benefit (Spending Account) Administration, not insurance products only. Among those five references, at least three (3) must be from school systems in North Carolina. The references should not only be able to verify the company s ability, but also the agents and/or their agency. Thank you for considering responding to our Request For Proposal for a Section 125 Flexible Benefit Plan for Duplin County Schools. Sincerely, Felicia Brown Chief Officer for Human Resources/Leadership Development Duplin County School 3

Bid Form Section 125 Flexible Benefit Plan Proposals For Duplin County Schools Please complete and return this Bid Form with your proposal. If needed to answer a question or questions, you may attach a page or pages to this form. Please indicate on the Bid Form that the question is answered on an attached page. Also, please designate any answer on an attached page with the same number as the question on the Bid Form. 1. Name of Firm(s) Submitting Proposal: _ 2. Names and Titles of Person(s) Submitting Proposal: 3. Address of Firm Submitting Proposal: 4. Phone Number(s) of Firm Submitting Proposal: 5. Contact Person(s) for Firm: Telephone Number(s) for Contact Person: 4

6. Please feel free to provide other references if you either do not have references that meet the requirements specified in the evaluation standards or as an opportunity to provide additional references for your firm. Company/School System Contact a. b. c. d. e. 7. Describe the customer service and support your firm can provide to the Duplin County Schools administration and our employees. a. Do you provide toll-free numbers as well as a personalized interactive website? 8. Describe in detail the communication and enrollment process. 9. Who will be doing the enrollments? a. What is their experience in benefit communication and enrollment with the NC Public Schools? Include number of staff provided. b. Do you offer online enrollment and if so, please describe? c. Please provide a copy of a benefit election form that you have used that can serve as a sample of a benefit election form to be submitted to our employees for benefit enrollment. 10. Please describe the procedures for the use of your Flexible Spending Debit Card and participant requirements for verification. 5

11. What fees are charged for the use of your Flexible Spending Debit Card? 12. Who are you proposing as your Third Party Administrator? a. Describe the claim reimbursement process for Spending Accounts. b. How often do they pay reimbursement claims? c. Is your Spending Account vendor compliant with all relevant IRS Regulations in regards to administration of debit cards? d. What experience does your organization have with Flexible Benefit administration? 13. Please provide a list of all fees that your firm will charge to administer our Flexible Benefits Plan and/or other insurance products you will offer. Flexible Benefit Administration Market Research Customer Service Customer Education Services Benefit Communication Services Section 125 Plan Documents COBRA Medical Reimbursement Loss Guarantee 14. Do you provide a toll free phone number for our employees for service questions? a. Do you provide personalized interactive website? 15. Describe the billing process from your firm to our school system. 16. Explain how you expect to be compensated for your services. 17. Will employees be allowed to keep existing policies if they desire? Discuss how you will be able to service these policies. 6

18. Describe your post-enrollment data return processes to Duplin County Schools. 19. Is your company in compliance with all guidelines established by the North Carolina Department of Insurance? I certify that I have read this Request for Proposals and have answered all questions on this Bid Form. I certify that our firm has not and will not contact School Board members to gain favor for our firm. I certify that our firm will honor all commitments made on this Bid Form. I certify that our firm and all representatives are licensed and will be licensed in North Carolina to provide all services offered during the life of this contract. Signature of Representative Name of Company Date of Signature 7