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Study on Medicare Supplemental Insurance

Office of Insurance Commissioner

Notice of Bid Opportunity

Competitive Solicitation S202306

Medicare Supplemental Insurance StudyCompetitive solicitation posting: April 15, 2022

Vendor questions due: April 25, 2022 11:59 pm PST

Deadline for submitting bids: May 9, 2022, 11:59 pm PST

Contract location: Thurston County

Contract description: The Office of the Insurance Commissioner (OIC) is issuing this procurement to solicit responses from individuals or vendors interested in participating on a project to provide an assessment of options related to access to and consumer protections regarding Medicare supplemental insurance.

The contractor selected will be required to conduct a study that will provide initial analysis on:

  • The total number of Washington state residents enrolled in Medicare.
  • The total number of Washington state residents enrolled in Medicaid who have turned or will turn age 65 during the public health emergency with respect to the coronavirus disease 2019.
  • The estimated impact on premiums, enrollment, and increased access for certain individuals if the state were to have an annual open enrollment period during which Medicare supplemental insurance was guaranteed issue, or if Medicare supplemental insurance was guaranteed issue throughout the year.
  • Medicare supplemental insurance policy protections in other states and their impact on premiums and enrollment in these policies.

Required experience includes, but is not limited to:

  • Demonstrated knowledge of, and experience in, the area of work for which the proposal is being submitted.
  • At least five (5) years’ experience with health insurance data collection, aggregation, and analysis, including financial analysis, and preparing findings of analyses that inform state health policy development and implementation.
  • Experience in health insurance actuarial analysis for public entities, states, or departments of insurance.
  • At least one individual proposed to complete the Scope of Work in Section 1.2 of this RFP must have membership in the American Academy of Actuaries specializing in health insurance.

Find the full solicitation on Washington’s Electronic Business Solution (WEBS), and on the Office of Insurance Commissioner Contracting Opportunities Page.

Vendors not registered in WEBS will not receive updates or amendments to the solicitation, which could disadvantage your bid.

Commodity codes: 953-52 Insurance and Insurance Services (Not otherwise classified), 918-12 Analytical Studies and Surveys (Consulting), 918-25 Compliance Consulting, American Disabilities Act (ADA), 918-32 Consulting Services (Not Otherwise Classified), 918-49 Finance/Economics Consulting, 918-69 Insurance Consulting, 958-39 Financial Management Services, 958-56 Health Care Management Services (Including Managed Care Services), 958-61 Insurance and Risk Management Services, 946-11 Accounting Services (Not Otherwise Classified), 946-20 Auditing, 946-49 Financial Services (Not Otherwise Classified)

RFP coordinator: All communications concerning this RFP must be directed to:

Miranda Matson-Jewett
Office of Insurance Commissioner
5000 Capitol Blvd
Tumwater, WA 98501
[email protected] 

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