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Student Health and Accident Broker Services

Overview


Financial, Legal, HR & Staffing
Maine, United StatesPosted 3 months agoDeadline: March 19th, 2026

Fit Score


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SUMMARY


A Maine governmental authority seeks a broker to manage comprehensive student health and accident insurance services with digital enrollment, waiver automation, coverage analysis, and dependent support.

KEY REQUIREMENTS


BUDGET

Estimate

$1,000,000 – $2,000,000

CONTRACT DURATION


122 months

TIMELINE


Deadline for Written Inquiries/Questions: March 3rd, 2026

Response to Written Inquiries/Questions: March 5th, 2026

Deadline for Proposal Submission: March 19th, 2026

Presentations: March 25th & 26th, 2026

Award Announcement: April 10th, 2026

Agreement Start Date: May 1st, 2026

QUESTION DEADLINE


March 3rd, 2026

Issuing Agency


University of Maine System

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The government authority in Maine is seeking a vendor to provide student health and accident broker services. The selected broker will deliver a suite of student insurance brokerage solutions encompassing accident coverage, athletic coverage, and health insurance for graduate, undergraduate, international students, and their dependents.

The solution must include support for preparation of insurance applications and policy specifications, submission to underwriters, and automated waiver processing with workflows for intake, validation, and approval or denial, ensuring verification of comparable coverage. It must offer a broker-managed online enrollment portal transmitting all required documentation to insurers, as well as coordinate safety and loss control services with insurers. The broker will be responsible for analyzing and receiving annual quotations significantly ahead of policy expiration, facilitating access to claims utilization reports covering trends, high-cost claims, preventive care, and cost drivers.

Additional requirements include digital ID cards, mobile access to plan documents, prescription drug coverage with formulary transparency, and support for premium billing and reconciliation. The solution must handle dependent enrollment, tracking, and billing for all eligible students. Questions regarding this RFP must be submitted by March 3, 2026.

Source attribution

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

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