Health and Benefits Consulting Services

Overview

Financial, Legal, HR & Staffing

Lexington, Kentucky, United StatesPosted 28 days agoDeadline: May 7th, 2026

Fit Score

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SUMMARY

RFP for strategic health and benefits consulting, including plan analysis, vendor management, and data reporting for a government authority in Lexington, Kentucky.

KEY REQUIREMENTS

Must be an experienced, qualified, and financially sound contractor
Must comply with mandatory provisions of Kentucky Revised Statutes relative to insurance
Must be authorized to do business under the laws of Kentucky
Must provide a formal grievance procedure
Must maintain all pertinent claim records for up to two years
Must provide access through a secure web portal utilizing multifactor authentication
Must be able to provide and receive electronic data feeds to the PeopleSoft system
Must provide proof of insurability
Must submit documentation of good faith and outreach efforts for minority, women, and veteran-owned business participation

BUDGET

Estimate

$150,000 – $300,000

CONTRACT DURATION

48 months

TIMELINE

Issue Date: April 9th, 2026

Questions Deadline: April 23rd, 2026

Response Deadline: May 7th, 2026

Selection of Vendor(s): May - June 2026

Contract Period: January 1st, 2027 to December 31st, 2030

QUESTION DEADLINE

April 23rd, 2026

Issuing Agency

Lexington-Fayette Urban County Government

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

The government authority in Lexington, Kentucky is seeking a vendor to provide comprehensive health and benefits consulting services. The scope of work includes strategic planning, such as conducting annual benchmarking, analyzing current utilization of near-site clinics and pharmacies, and developing strategies to increase their usage.

Consultants will be responsible for reviewing current health plans and claims to identify savings opportunities and implementing innovative, cost-effective plan designs. Additional responsibilities include vendor management, which covers overseeing the renewal process, negotiating premiums and fees, establishing performance guarantees with carriers, and conducting ongoing market analysis.

The contractor will also be expected to deliver regular data analytics and reporting by analyzing claims experience against budget and providing support during the budget preparation process. Compliance guidance throughout all services is also required.

Source attribution

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