Procurement Summary
Country : USA
Summary : Health and Human Services for Actuarial Consulting Services
Deadline : 02 Oct 2018
Other Information
Notice Type : Tender
TOT Ref.No.: 26668137
Document Ref. No. : 18-28
Competition : ICB
Financier : Self Financed
Purchaser Ownership : -
Tender Value : Refer Document
Purchaser's Detail
Purchaser : MONTGOMERY, COUNTY OF
PO Box 311
City : Norristown
State : PA
Zip/Postal Code : 19404-0311
TEL : 610-278-3000
Website : http://www2.montcopa.org/montco/site/default.asp
Contact : Ray Heydt
TEL : 610-278-3037
USA
URL :http://www2.montcopa.org/montco/site/default.asp
Tender Details
Tender are invited for An annual contract for actuarial services related to the medical expenses of the HealthChoices program. The actuarial firm will provide assistance in the following areas : Develop actuarially sound capitation rates considering factors of historical spending, adjustments, programs changes, lags, TPL, and contract language. Evaluate DHS' rate setting methodology and make recommendations for the County's response to DHS' rate offers. Development of potential mid-year rate adjustments. Analysis of DHS' potential mid-year rate adjustments. Assistance to County staff in rate negotiations with DHS/Mercer financial and actuarial staff. Periodically assist County in evaluation of the estimates of claims liability and provide written opinion on accuracy of medical expense lags. Assist County's Auditing firm in the annual audit related to the claims liability and medical expense compliance attestations.
Notes : Deadline to submit questions : September 25, 2018.
Documents
Tender Notice