Summary of Specifications:
The Escambia County School District in Pensacola, Florida (hereinafter referred to as "ECSD" or the “School District”) has a need to establish a contract with a Benefit Consulting Services Firm to assist in determining its Employee Benefits Program, including but not limited to its current self-funded medical and dental plans. The Escambia County School District has approximately five thousand five hundred (5,500) employees which enjoy a full benefit package including medical, dental, life insurance, a flexible spending plan tax sheltered annuity (TSA) plans and an additional one thousand nine hundred (1,900) retirees who enjoy select benefits. Employee benefits are administered through the Employee Benefit Trust Fund and the Board of Trustees. The District spends an average of $50,000 to $75,000 a year on consulting services, however no fixed amount is guaranteed. All benefits currently are self-funded / self-insured programs by the District offered through an automated benefit registration process. The consultant will provide advice and guidance in evaluating current programs/plans recommending changes consistent with changes in the market, recommend benefit changes that will reduce overall costs, provide bid requests and proposals as required, conduct feasibility studies for potential programs, aide in the exploration of fully insured options, and provide actuarial services when needed.
