The College seeks the professional services of a third party administrator which will assist the College in the administration of the plans including but not limited to plan design, underwriting, enrollment, claims administration, stop-loss coverage, state and federal legal compliance, etc. The responsibilities of the third party administrator will be to: assist the College in obtaining the most competitive pricing/rates in the provision of these benefits ; provide the College with analysis of costs, premium, and COBRA calculations; provide discount arrangements by network prior to the award of the contract; facilitate the preparation and completion of plan documents and summary plan descriptions; assist in the resolution of claims and administrative issues; provide signature ready Health & Welfare 5500 Form and other related tax filings and documents.
