Federal Long Term Care Insurance Program (FLTCIP) Contract for a New 7-year Term

Notice ID:243226

OPM is voluntarily announcing that it will exercise the option to extend the current Federal Long Term Care Insurance Program (FLTCIP) contract with John Hancock Health & Life Insurance Company for a seven-year performance period from May 1, 2023, through April 30, 2030. The FLTCIP contract includes insurance benefits, claims administration, web services, customer support, and quality assurance, with approximately 267,000 current enrollees. To be eligible to bid, a qualified carrier must be an insurance company or consortium licensed to issue long-term care insurance in all States. OPM concluded that competition is unlikely after market research, including no responses from qualified carriers to a prior Sources Sought Notice, and believes the extension is most advantageous. Although this is not a request for quotes or proposals, OPM is giving qualified carriers one final opportunity to express interest, with any information considered before a final determination on whether to compete; inquiries should go to the Contracting Officer by May 11.

Department/Ind.Agency Subtier Office
OFFICE OF PERSONNEL MANAGEMENT OFFICE OF PERSONNEL MANAGEMENT HEALTHCARE INSURANCE OPERATIONS
  PSC   R499 SUPPORT- PROFESSIONAL: OTHER
LOCATION: Not Given
Primary Contact
Edward DeHarde
Not Given

Links (0)

Attachments (0)


Data sourced from SAM.gov. View Official Posting »

Federal Long Term Care Insurance Program (FLTCIP) Contract for a New 7-year Term

Inactive
Notice ID:243226

OPM is announcing it will exercise a seven-year extension option in the current Federal Long Term Care Insurance Program (FLTCIP) contract with John Hancock, extending performance from May 1, 2023 to April 30, 2030. The contract covers insurance benefits for current and new enrollees (currently about 267,000) and includes claims administration, web services, customer support, and quality assurance. Because market research found no qualified carrier interest in a competitive procurement, OPM believes extending the incumbent contract is the most advantageous approach. This notice offers qualified carriers one last opportunity to express interest in competing, with responses considered in OPM’s final decision. This is not a request for proposals, and OPM will not reimburse response costs.

Department/Ind.Agency Subtier Office
OFFICE OF PERSONNEL MANAGEMENT OFFICE OF PERSONNEL MANAGEMENT HEALTHCARE INSURANCE OPERATIONS
  PSC   OTHER PROFESSIONAL SERVICES
LOCATION: Not Given
Primary Contact
Edward DeHarde
Not Given

Links (0)

Attachments (0)


Data sourced from SAM.gov. View Official Posting »

Federal Annuitant Health Benefits Open Season Services

Inactive
Notice ID:243226

The Office of Personnel Management (OPM) provides Federal employees, retirees, and their families with a benefit program and services that offer choice, value, and quality to help maintain the governm...

Department/Ind.Agency Subtier Office
OFFICE OF PERSONNEL MANAGEMENT OFFICE OF PERSONNEL MANAGEMENT OPM DC CENTRAL OFFICE CONTRACTING
  PSC   SUPPORT- ADMINISTRATIVE: OTHER
LOCATION:

Links ()

Attachments ()


Data sourced from SAM.gov. View Official Posting »