The goals of this RFP are: a) Procurement of Actuarial and Analytical Services to: i. Establish and update annual forecasts for Plan revenues, expenditures, and cash reserves. ii. Assist the Plan in monitoring finances and determining annual premium increases necessary to meet projected expenses. iii. Enable the Plan to establish a budget that maintains solvency within the parameters established by the State budgeting process. iv. Conduct other financial analysis as needed by the Plan and the Board of Trustees. b) Procurement of Health Benefits Consulting Services to assist the Board of Trustees, the State Treasurer, and the Plan with: i. Strategic planning; ii. Program development; iii. Contract Procurement; and iv. Benefit design and management.
