1. |
General Description of RFP |
The RFP solicited proposals to provide coverage for the County's life insurance, supplemental life insurance and short-term disability benefits. |
2. |
List key evaluation criteria |
The key criteria were to replicate current benefits and provide the lowest cost in each of the benefit areas. |
3. |
Where advertised |
The proposal was sent to companies through the United States |
4. |
In addition to any advertisement, list others to whom RFP was sent |
The proposal was sent to all major providers of employer life and disability coverage. |
5. |
Total number sent to prospective proposers |
Six-seven companies received the Request for Proposal. |
6. |
Number of proposals received |
Six companies responded. |
7. |
Who evaluated the proposals |
Benefits Manager |
8. |
In alphabetical order, names of proposers (or finalists, if applicable) and location |
Fort Dearborn Life Insurance Company ING ReliaStar Insurance Company Minnesota Mutual Life Insurance Company Standard Insurance Company (incumbent) Sun Life Insurance Company United HealthCare Insurance Company |