This page was last updated on: June 22, 2015
In accordance with Section 3-123g of the Connecticut General Statutes, the State Comptroller's Vendor Advisory Committee (VAC) is soliciting information from vendors interested in providing products and services under the Supplemental Benefits Program (Program) to state employees and retirees, the cost of which will be remitted to such vendors through voluntary payroll deductions. A subsequent Request for Proposal (RFP) will be issued to those respondents of this Request For Information (RFI) for those products and services the VAC intends to authorize. Based upon the VAC's recommendations, the Comptroller intends to authorize the selected applicants to market approved products and services to state employees and retirees under stipulated terms and conditions for a period of four years commencing January 1, 2006. Employees and retirees electing to purchase such approved products and services from authorized applicants will bear their entire cost; no employer contribution is contemplated.
The current Program offers seven supplemental benefits: (1) short term disability insurance; (2) long term disability insurance; (3) auto and homeowners insurance; (4) cancer insurance; (5) universal life insurance; (6) term life insurance; and (7) long term care insurance. The State of Connecticut currently employs approximately 70,000 state employees of which 50,000 would be eligible for the Program.
Information relative to product and service offerings should be as specific as possible and include at least the following information: (1) the name and mailing address of the applicant; (2) a detailed description of the product or service which the applicant intends to market to state employees and retirees; (3) the name, address and telephone number of any agent of the applicant from whom interested persons may obtain copies of the application; (4) detailed information on the financial ability of the applicant; (5) detailed information on past performance; (6) the applicant's business history and experience; (7) pricing information relative to the proposed product or service; (8) the value to be derived by employees and retirees electing to purchase the proposed product or service, taking into consideration the full range of benefits currently provided to them by the state employer; and (9) references.
Questions regarding this RFI should be submitted by email to the following address: osc.suppbenprgm@po.state.ct.us no later than 4:30 p.m. on Monday, October 31, 2005. Answers to questions will be transmitted by Monday, November 7, 2005. No phone calls will be accepted relative to this RFI.
The VAC will only consider one response per company per product. To be considered by the VAC, RFI responses (an original plus ten copies) must be received no later than 4:30 p.m. on Monday, November 14, 2005 at the following address:
Office of the State Comptroller
Retirement & Benefit Services Division
55 Elm Street
Hartford, CT 06106
Attention: Araceli Alvarez,
Associate Retirement & Benefits Officer
While companies may designate representatives to submit proposals, it is the policy of the State Comptroller's Office, with respect to insurance products under the Program, to contract only with carriers selected to underwrite the coverage. Accordingly, proposals must contain the signature of an official authorized to contractually bind the insurer with the Office of the State Comptroller.
By submitting applications in response to this public notice, applicants agree to accept the Committee's recommendations and the Comptroller's determinations as final.