Third-Party Administration Services

Overview

Healthcare Services, Wellness & Biotech

New Mexico, United States; New Mexico, United StatesPosted 18 days agoDeadline: May 20th, 2026

Fit Score

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SUMMARY

Seeking a provider for comprehensive third-party administration services to manage benefit program activities and open enrollment processes, including multiple types of employee benefits across diverse communities in New Mexico.

KEY REQUIREMENTS

BUDGET

Estimate

$2,000,000 – $5,000,000

CONTRACT DURATION

48 months

TIMELINE

RFP Release Date: April 17th, 2026

Acknowledgement of Receipt Form Due: April 21st, 2026

Pre-Proposal Conference: April 22nd, 2026

Deadline to Submit Written Questions: April 27th, 2026

Response to Written Questions: April 29th, 2026

Proposal Due Date: May 20th, 2026

Proposal Evaluation: June 10th, 2026

Selection of Finalists: June 12th, 2026

Oral Presentations: June 22nd, 2026

Best and Final Offers: June 23rd, 2026

Finalize Contractual Agreements: July 22nd, 2026

Contract Awards: July 23rd, 2026

Protest Deadline: August 13th, 2026

QUESTION DEADLINE

April 27th, 2026

Issuing Agency

Health Care Authority

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DESCRIPTION

The selected vendor will provide comprehensive Third-Party Administration (TPA) services to support the delivery, coordination, and ongoing administration of a benefit program. Responsibilities include performing a wide range of administrative, operational, and coordination functions vital to the successful management of the program and the effective delivery of benefits to members.

Services will encompass medical, pharmacy, dental, vision, life, disability, flexible spending, and related benefit offerings, covering both urban and rural, as well as underserved communities. The TPA will oversee the complete administration of Open Enrollment (OE) activities, including processing all enrollment transactions, conducting eligibility verification, validating supporting documentation, inputting enrollment data into relevant systems, and resolving discrepancies.

The vendor must ensure efficient coordination and execution of all enrollment functions to facilitate accurate and timely benefit administration for program members.

Source attribution

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