General Consulting and Actuarial Services

Overview

Financial, Legal, HR & Staffing

Boston, Massachusetts, United StatesPosted about 1 month agoDeadline: May 6th, 2026

Fit Score

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SUMMARY

The government in Boston, MA seeks a firm to deliver general consulting and actuarial services supporting its health benefits program, including analytics, projections, committee support, and vendor evaluation.

KEY REQUIREMENTS

Must submit separate technical and price proposals
Must have 5 years or more of public-sector client experience with at least 25,000 covered members for Section A
Must have at least 3 public-sector clients in the last 5 years with labor-sensitive health benefits experience for Section A
Must have at least 1 engagement in the last 5 years with a client governed under M.G.L. c. 32B, §19 for Section A
Must have 3 or more municipal or public-sector clients with at least 20,000 covered members for Section B
Lead actuary must be an FSA with 10 or more years of health plan actuarial experience for Section B
Must provide proof of insurance coverage as specified in Appendix 3
Must complete and submit the CM-16 Wage Theft Prevention Certification
Must be licensed to do business in Massachusetts

BUDGET

Verified

$2,000,000

CONTRACT DURATION

36 months

TIMELINE

RFP Issue Date: April 6th, 2026

Proposer Questions Due: April 13th, 2026

Consolidated Q&A Posted: April 20th, 2026

Proposal Due Date: May 6th, 2026

Vendor Interviews/Presentations: Weeks of May 10th, 2026 and May 17th, 2026

Contractor Selected: Beginning of June 2026

QUESTION DEADLINE

April 13th, 2026

Issuing Agency

City Of Boston

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in Boston, Massachusetts is seeking a vendor to provide general consulting and actuarial services for its health benefits program. This engagement will encompass general health insurance consulting, including data analytics and reporting, support for the Public Employee Committee (PEC), strategy development for high-cost medications, equity and disparities analysis, and communication and change management initiatives.

The vendor will also be responsible for a comprehensive range of actuarial services such as rate setting, financial projections, trust fund and budget support, actuarial support for the PEC, pharmacy and high-cost medication analysis, procurement and vendor evaluation support, data validation and documentation, as well as ad hoc actuarial analyses. Interested parties must be prepared to handle inquiries related to these services and demonstrate expertise in health insurance consulting and actuarial processes.

Source attribution

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