REQUEST FOR PROPOSAL
FOR THE STATE OF WISCONSIN
Department of Employee Trust Funds
Consulting Actuary for Health Insurance Programs
ETD0012


To: Whom It May Concern:

The Employee Trust Funds Board is requesting proposals for consulting actuarial services.

RFP# RFP Title
ETD0011 Employee Trust Funds Board Consulting Actuary for the Wisconsin Retirement System (WRS)
ETD0012 Employee Trust Funds Board Consulting Actuary for Health Insurance Programs
ETD0013 Employee Trust Funds Board Consulting Actuary for Group Insurance Programs

Qualified vendors are encouraged to submit competitive proposals on each of the above. One or more vendors may be awarded a contract. Vendors may submit proposals for one, two, or all of the RFPs referenced above. However, for each RFP that a vendor chooses to bid on, the response must be complete and separate from other RFP responses. After considering the proposals and prior to awarding a contract, the Board reserves the right to negotiate with any or all vendors a discounted final cost based on the vendor(s) being awarded more than one contract.

Each of the three RFPs for consulting actuary services is posted on the Employee Trust Funds web site at http://etfextranet.it.state.wi.us All modifications and other information associated with these RFPs will be posted on this web site. As such, interested vendors are encouraged to check this web site for updates frequently. No other notification regarding modifications will be provided.

The deadline for receipt of proposals for all three RFPs is February 17, 2014 at 2:00 PM CST. Late submissions may not be considered. Questions may be submitted as indicated in the RFP via email to ETFProcurement@etf.wi.gov The RFP number and title must be referenced in your email.

Revision History

4/18/14 Evaluation and Cost Scoring - Three Proposals
4/16/14 Intent to contract with the Segal Company Inc.
2/12/14 Extending Due Date to February 18, 2014, 2:00 p.m. CST
1/28/14 Vendor Questions and ETF Answers 1-72
1/17/14 Additional links added to reference materials
1/6/14 Issue Request for Proposal

Contracts

1/2/20 The Segal Company (Eastern States), Inc. Contract Amendment #10 January 1, 2020 through December 31, 2020
6/25/19 The Segal Company (Eastern States), Inc. Contract Amendment #9 January 1, 2019 through December 31, 2019
6/14/19 The Segal Company (Eastern States), Inc. Contract Amendment #8 January 1, 2019 through December 31, 2019
4/23/19 The Segal Company (Eastern States), Inc. Contract Amendment #7 January 1, 2019 through December 31, 2019.
3/7/19 The Segal Company (Eastern States), Inc. Contract Amendment #6 January 1, 2019 through December 31, 2019.
2/17/18 The Segal Company (Eastern States), Inc. Contract Amendment #5 January 1, 2018 through December 31, 2018.
2/7/17 The Segal Company (Eastern States), Inc. Contract Amendment #4 January 1, 2017 through December 31, 2017.
5/17/16 The Segal Company (Eastern States), Inc. Contract Amendment #3 January 1, 2016 through December 31, 2016.
4/12/16 The Segal Company (Eastern States), Inc. Contract Amendment #2 January 1, 2016 through December 31, 2016.
1/12/16 The Segal Company (Eastern States), Inc. Contract Amendment #1 January 1, 2016 through December 31, 2016.
8/19/14 The Segal Company (Eastern States), Inc. Contract October 1, 2014 through December 31, 2015.

 

Request for Proposal

RFP Main Document

Reference Materials

Document Web Address
3-Year Experience Study http://etf.wi.gov/boards/agenda-items-2012/etf122012/joint/item3b2.pdf
Retired Lives http://etf.wi.gov/boards/agenda-items-2013/etf032013/joint/item3b.pdf
Active Lives & Gain Loss http://etf.wi.gov/boards/agenda-items-2013/etf0620/joint/item3a.pdf
Accumulated Sick Leave Conversion Credits http://etf.wi.gov/boards/agenda-items-2013/etf0620/etf/item4b.pdf
WRS Fact Sheet http://etf.wi.gov/publications/et8901.pdf
Your Benefit Handbook http://etf.wi.gov/publications/et2119.pdf

ASLCC Fact Sheet

http://etf.wi.gov/publications/et8929.pdf
2012 CAFR http://etf.wi.gov/about/2012-cafr.pdf
Wisconsin Statute Chapter 40 http://docs.legis.wisconsin.gov/statutes/statutes/40
ETF Administratin Code http://docs.legis.wisconsin.gov/code/toc/etf
State of Wisconsin Investment Board Website http://www.swib.state.wi.us/
Employee Trust Funds Website etf.wi.gov
Group Health Insurance Fact Sheet http://etf.wi.gov/publications/et8902.pdf
Health Insurance Program Overview http://etf.wi.gov/members/benefits_health_ins.htm
Claims Triangle http://etfextranet.it.state.wi.us/etf/internet/RFP/actuaryhealth2014/a1.xlsx
Paid Claims Summary http://etfextranet.it.state.wi.us/etf/internet/RFP/actuaryhealth2014/a2.xlsm
NHS Claims Extract http://etfextranet.it.state.wi.us/etf/internet/RFP/actuaryhealth2014/a3.pdf
Terms and Conditions for Comprehensive Medical Plan Participation in the State of Wisconsin Group Health Benefit Program and Uniform Benefits for the 2014 Benefit Year http://etfextranet.it.state.wi.us/etf/internet/RFP/actuaryhealth2014/a4.pdf
Medicare Part D Actuarial Attestation http://etfextranet.it.state.wi.us/etf/internet/RFP/actuaryhealth2014/a5.pdf
ETF Three Tier Rate Development Document http://etfextranet.it.state.wi.us/etf/internet/RFP/actuaryhealth2014/a6.pdf