REQUEST FOR PROPOSAL
Employee Benefits Brokerage and Consulting Services
The Greater Bloomington Chamber of Commerce and their Members
Invitation
The Greater Bloomington Chamber of Commerce is seeking a benefits brokerage/consulting firm to perform the full range of services related to the design, implementation, maintenance and improvement of The Greater Bloomington Chamber of Commerce and our Member’s employee benefits insurance programs.
Interested and qualified brokers/consultants are invited to submit proposals which will be accepted until December 15, 2018. Proposals should be addressed to:
Erin Predmore – President/CEO
The Greater Bloomington Chamber of Commerce
P.O. Box 1302
Bloomington, IN 47404
epredmore@chamberbloomington.org
Employee Benefits Brokerage and Consulting Services
The Greater Bloomington Chamber of Commerce and their Members
Invitation
The Greater Bloomington Chamber of Commerce is seeking a benefits brokerage/consulting firm to perform the full range of services related to the design, implementation, maintenance and improvement of The Greater Bloomington Chamber of Commerce and our Member’s employee benefits insurance programs.
Interested and qualified brokers/consultants are invited to submit proposals which will be accepted until December 15, 2018. Proposals should be addressed to:
Erin Predmore – President/CEO
The Greater Bloomington Chamber of Commerce
P.O. Box 1302
Bloomington, IN 47404
epredmore@chamberbloomington.org
Background of The Greater Bloomington Chamber of Commerce
The Greater Bloomington Chamber of Commerce is a Nonprofit organization founded in 1915. The Chamber is a network of businesses designed to promote and protect the interests of its members. The Greater Bloomington Chamber of Commerce also advocates on the behalf of the business community.
Scope of Services
The Greater Bloomington Chamber of Commerce is looking for a benefits partner that can provide professional, highly qualified benefits guidance and services to the The Greater Bloomington Chamber of Commerce and their Members. This includes, but is not limited to:
Questionnaire
Please submit your proposal by 5:00 December 15, 2018 via US mail or drop it off at our office. It is our goal to make a final decision on our future broker by January 15, 2019 so that the chosen broker can begin working with us. If you have any questions regarding the Request for Proposal, Please contact Pam Willis our Director of Finance of Operations or Erin Predmore, President/CEO by email. You may also call the office at 812-336-6381.
Erin Predmore – epredmore@chamberbloomington.org
Pam Willis – pwillis@chamberbloomington.org
Download the RFP PDF
The Greater Bloomington Chamber of Commerce is a Nonprofit organization founded in 1915. The Chamber is a network of businesses designed to promote and protect the interests of its members. The Greater Bloomington Chamber of Commerce also advocates on the behalf of the business community.
Scope of Services
The Greater Bloomington Chamber of Commerce is looking for a benefits partner that can provide professional, highly qualified benefits guidance and services to the The Greater Bloomington Chamber of Commerce and their Members. This includes, but is not limited to:
- Develop short and long range employee benefit goals and strategies.
- Partner with the Greater Bloomington Chamber of Commerce and their Members in the administration of all group insurance plans including responding to questions from and providing information to staff and providing other benefits-related advisory services throughout the plan year.
- Review and analyze claims experience, claim service, and claim administration to ensure maximum benefit to The Greater Bloomington Chamber of Commerce and their Members.
- Determine and recommend the most cost efficient funding methods for benefit programs.
- Prepare bid specifications and solicit proposals, as needed, from insurance markets that specialize in group insurance plans.
- Evaluate bids and bidders, including administration, coverage, claim payment procedures, customer service, networks, reserve establishment policies and financial solvency.
- Provide The Greater Bloomington Chamber of Commerce with in-depth analysis of proposed alternatives and assist with the process of selecting the most favorable annual renewal options.
- Apprise The Greater Bloomington Chamber of Commerce of local and national benefit trends and provide benchmark survey data to help calibrate program offerings with employee and employer costs compared to similar organizations.
- Meet with and provide reports and presentations to The Greater Bloomington Chamber of Commerce representatives, including Senior Executives if requested.
- Assist The Greater Bloomington Chamber of Commerce and their Members with the implementation and communication of new programs or changes to existing programs, which may include attending and presenting information at Open Enrollment meetings when requested.
- Work closely with the benefits team to develop and execute the benefits communication strategy.
- Partner with The Greater Bloomington Chamber of Commerce to effectively performance manage the vendors that provide insurance or related services to The Greater Bloomington Chamber of Commerce and any of their Members.
- Act as advisor on issues such as discrimination testing, 5500 filing, Section 125, COBRA, HIPAA, Medicare, FMLA, etc. Provide overall guidance to (Company Name) with Health and Welfare regulatory compliance.
- Research and report any new developments in the employee benefits arena on an ongoing basis.
- Recommend innovative ideas and new products, programs and services to ensure a competitive, valued and cost effective benefits program.
- Introduce proven programs and ideas to aggressively manage healthcare costs.
- Introduce proven programs and ideas to enhance The Greater Bloomington Chamber of Commerce or their Member’s corporate culture and improve employee productivity and morale.
- Educate and advise on Healthcare Reform, specifically PPACA, and the key strategic decisions that The Greater Bloomington Chamber of Commerce or any of their Member’s should consider.|
- Must be a member of the Chamber or willing to join.
Questionnaire
- Background on organization and experience in providing employee benefits for employer groups.
- Description of organization’s presence in the Bloomington, IN marketplace with regard to group employee benefits (i.e. health, life, disability, dental, vision, retirement, ect.) insurance. How many groups in the Bloomington region/community do you currently represent?
- Detail of specific Life, Disability, Dental and Vision services/products you will provide as the insurance broker.
- A list of specific staff members who would handle our account, and a short description of their education, experience, and any other professional qualifications that may apply.
- What tools, services, and processes does your organization have in place to aid in the ongoing service of participation group employers?
- A list of all Life/Disability, Dental and Vision carriers you have contracts and relationships with for groups benefits in the State of Indiana.
- Detail how you will be paid for your services and the amount.
- Please describe your organization’s commitment to this community.
- Provide three references of groups (preferably in the 2-99 employee marketplace):
Please submit your proposal by 5:00 December 15, 2018 via US mail or drop it off at our office. It is our goal to make a final decision on our future broker by January 15, 2019 so that the chosen broker can begin working with us. If you have any questions regarding the Request for Proposal, Please contact Pam Willis our Director of Finance of Operations or Erin Predmore, President/CEO by email. You may also call the office at 812-336-6381.
Erin Predmore – epredmore@chamberbloomington.org
Pam Willis – pwillis@chamberbloomington.org
Download the RFP PDF
