Employee Medical, Pharmacy Administration and Stop Loss Insurance Service

Overview

Healthcare Services, Wellness & Biotech

Raleigh, North Carolina, United StatesPosted 2 months agoDeadline: March 26th, 2026

Fit Score

Settle Intelligence

Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.

SUMMARY

Raleigh, NC seeks a vendor for medical, pharmacy administration, and stop loss insurance services for its employee benefit plans.

KEY REQUIREMENTS

BUDGET

Estimate

$7,200,000 – $21,000,000

CONTRACT DURATION

36 months

TIMELINE

MMA Releases Rfp: February 13th, 2026

Rfp Questions Due From Bidders: February 20th, 2026

Distribution of Request for Proposal: February 24th, 2026

Answers Posted on Bonfire Via an Addendum to the Rfp to Bidders: February 27th, 2026

General Clarifications and Questions Due at 5pm Et in the Wc Bonfire Portal: March 3rd, 2026

Addenda Issued (Responses to Questions): March 11th, 2026

Proposals Due at 3pm Et in the Wc Bonfire Portal: March 26th, 2026

MMA Completes Review and Analysis: April 3rd, 2026

MMA Presents Findings to Client: April 10th, 2026

Finalist Presentations (as Needed): April 24th, 2026

Finalist Interviews, if Necessary: April 2026

Selection and Notification of Vendors: May 2026

Final Vendor Selection Notification: June 5th, 2026

Approval by Board of Commissioners: June/July 2026

Implementation Agreement Discussion: July 2026

Implementation Planning and Rollout (separate Timeline to be Released): June 8th, 2026

Implementation Begins: August 2026

Open Enrollment: October 2026

Contract(s) Commences / Effective Date: January 1st, 2027

QUESTION DEADLINE

March 3rd, 2026

Issuing Agency

Wake County Government

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

The government authority in Raleigh, North Carolina is seeking a vendor to provide employee medical, pharmacy administration, and stop loss insurance services. The selected vendor will deliver administrative services for self-funded employee medical and pharmacy plans, as well as manage stop loss coverage for both plans. These benefits will apply to all active, benefits-eligible employees.

Vendors are required to include details on the cost implications of carving out stop loss coverage. All queries regarding the RFP must be submitted by March 3, 2026. The contract will be awarded for a period of one year.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.