University System health insurance plans up for bids

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The contracts to provide health insurance services for employees, dependents and retirees in the University System have been put out for bids by the Board of Regents.

The board issued two requests for proposals (RFPs) Friday for medical plan administration and pharmacy benefits management for the University System’s statewide, self-insured health plans that provide coverage for more than 100,000 people.

The University System’s total health plan costs for 2013 are projected to be about $450 million.

The board is also soliciting a potential contractor to offer an “in network only” health insurance plan option to employees who live or work in the Metro Atlanta area.

The current University System contracts are held by Blue Cross Blue Shield of Georgia, Express Scripts Inc. and Kaiser Permanente for the various health insurance offerings. University System spokesman John Millsaps said the current contract holders will be able to bid on the new contracts.

The Department of Community Health recently awarded new contracts for the administration of the State Health Benefits Plan, which provides health insurance coverage for about 650,000 state employees, teachers, dependents and retirees. That plan pays out about $3 billion a year in medical claims.

The deadline for submitting a bid is early January 2014, with the selection of contractors in mid-year and coverage beginning in January 2015.

© 2013 by The Georgia Report

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Tags: Blue Cross Blue Shield , Board of Regents , Express Scripts , health insurance plans , Kaiser , University System