Health Plan Actuarial Services

Broome County, New York, is seeking qualified firms to provide health plan actuarial services, including GASB 75 retiree health-benefit valuations and premium-equivalent rate calculations.

Broome County > Risk & Insurance > Division of Purchasing


General
Open
Nov 04, 2026 06:00 PM
Oct 12, 2026 12:22 PM
3 years base + 1 × 2 years option
Request for Proposal (RFP)
Local
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Original Solicitation Links
Contact
thomas.dellapenna@broomecountyny.gov
Submission Instructions
Mail
Broome County Division of Purchasing, 60 Hawley Street, 2nd Floor, Edwin L. Crawford County Office Building, Binghamton, New York 13901
Description

Broome County is seeking an experienced actuarial firm to provide health plan actuarial services for Broome County and SUNY Broome. The scope includes separate GASB 75 full and interim actuarial valuations for retiree medical and prescription drug benefits, analysis of census data and plan provisions, development of per-capita claims costs, calculation of total OPEB liability and annual OPEB expense, preparation of valuation reports and financial-statement disclosures, and valuation of sixteen distinct County funds. The work also includes a 10-year projection upon request and corresponding valuations for SUNY Broome. The selected firm must also calculate annual premium-equivalent rates for self-insured health plans, with rates separated by medical claims, prescription drug claims, administrative fees, plan type, collective-bargaining variations, prescription drug copay structures, and active, retiree, and consolidated populations. Proposals must include an executive summary, a technical proposal addressing the requested business organization, deliverables, account team, value-added services, reporting, and qualifications, project plans for GASB 75 valuations and premium-equivalent rates, sample actuarial reports, resumes for key personnel, three references, and the required signed certifications and forms.

Classification Codes
NAICS524298All Other Insurance Related Activities
PSCR499Other Professional Services
Smart Codes
health plan actuarial servicesgasb 75 valuationspremium equivalent rates
Specifications
Service Only
Timeline
Oct 19, 2026 04:00 PM-Questions Due Date
Nov 04, 2026 07:00 PM-Proposal Submission Deadline
Requirements
Required
Scored
  • Minimum 3 references
  • Client point of contact required for each reference
Documents
TitleDate Posted
rfp1012261Oct 12, 2026 12:22 PM
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