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HR Medical Plan Administration and Pharmacy Benefit Management Services

Overview


Healthcare Services, Wellness & Biotech
Massachusetts, United States; Boston, Massachusetts, United States; Providence, Rhode Island, United StatesPosted about 2 months agoDeadline: April 8th, 2026

Fit Score


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SUMMARY


Rhode Island seeks a provider for HR medical plan administration and pharmacy benefit management with a focus on quality, accountability, and optimizing health and cost outcomes for employees and retirees.

KEY REQUIREMENTS


BUDGET

Estimate

$20,000,000 – $45,000,000

CONTRACT DURATION


36 months

TIMELINE


Solicitation Start Date: March 11th, 2026

Solicitation End Date: April 8th, 2026

Vendor Q&A Start Date: March 11th, 2026

Vendor Q&A End Date: March 26th, 2026

Pre-Bid Conference: March 24th, 2026 at 10:00 AM EST

Initial Contract Period Begins: January 1st, 2027 for three years

Contract Renewal Option: Up to two additional 12-month periods

QUESTION DEADLINE


March 26th, 2026

Issuing Agency


State of Rhode Island, Department of Administration, Division of Purchases

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The State of Rhode Island is seeking a vendor to provide comprehensive HR medical plan administration and pharmacy benefit management services. Services must ensure nationwide coverage for eligible state employees, non-Medicare retirees, and their dependents.

The selected vendor will be responsible for administering and supporting wellness and health programs and initiatives targeting the active population. Emphasis is placed on delivering high-quality care, maintaining exceptional administrative standards, and optimizing the cost and value of the medical benefit program. Additionally, the vendor should demonstrate a commitment to improving the health outcomes of state employees and their dependents, managing program finances responsibly, and fostering a positive member experience with a high degree of accountability.

Source attribution

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

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