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Illinois Department of Insurance
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Illinois Department of Insurance
This contract details the agreement between the Illinois Department of Insurance and Risk & Regulatory Consulting, LLC for the provision of Health Actuarial Services. These services primarily involve reviewing major medical insurance premium filings and offering other health actuarial consulting on an as-needed basis. The contract commences on June 5, 2024, for an initial term of 5 years, with options for renewal extending the total duration up to 10 years. The total financial obligation under this contract is capped at $4,000,000, with pricing based on hourly rates for various actuarial classifications.
Effective Date
Jun 5, 2024
Expires
Effective: Jun 5, 2024
Illinois Department of Insurance
Expires:
This contract details the agreement between the Illinois Department of Insurance and Risk & Regulatory Consulting, LLC for the provision of Health Actuarial Services. These services primarily involve reviewing major medical insurance premium filings and offering other health actuarial consulting on an as-needed basis. The contract commences on June 5, 2024, for an initial term of 5 years, with options for renewal extending the total duration up to 10 years. The total financial obligation under this contract is capped at $4,000,000, with pricing based on hourly rates for various actuarial classifications.
ActiveIllinois Department of Insurance
This contract is between the State of Illinois, acting through the Illinois Department of Insurance, and INS Regulatory Insurance Services, Inc. for Pharmacy Consultant services. The vendor will assist the Agency in overseeing compliance with prescription drug benefit regulations, evaluating utilization review programs, and providing expert review of complaints. The contract has an initial term of 5 years, commencing on June 13, 2023, with an option for a 4-year renewal. Services are provided on an as-needed basis at specified hourly rates, with a maximum total payment not to exceed $5,000,000.
Effective Date
Jun 13, 2023
Expires
Effective: Jun 13, 2023
Illinois Department of Insurance
Expires:
This contract is between the State of Illinois, acting through the Illinois Department of Insurance, and INS Regulatory Insurance Services, Inc. for Pharmacy Consultant services. The vendor will assist the Agency in overseeing compliance with prescription drug benefit regulations, evaluating utilization review programs, and providing expert review of complaints. The contract has an initial term of 5 years, commencing on June 13, 2023, with an option for a 4-year renewal. Services are provided on an as-needed basis at specified hourly rates, with a maximum total payment not to exceed $5,000,000.
ActiveComptroller of Currency ACQS
ACTUARIAL VALUATION OF LIABILITIES SERVICES FOR OCC'S RETIRING AND RETIRED EMPLOYEES INSURANCE BENEFITS
Effective Date
Mar 22, 2024
Expires
Effective: Mar 22, 2024
Comptroller of Currency ACQS
Expires:
ACTUARIAL VALUATION OF LIABILITIES SERVICES FOR OCC'S RETIRING AND RETIRED EMPLOYEES INSURANCE BENEFITS
ActiveIllinois Department of Insurance
This contract is between the State of Illinois, Department of Insurance, and INS Regulatory Insurance Services, Inc. for the provision of Risk Surveillance Service. The services aim to maintain and enhance the Department's financial analysis process, including providing additional analysis resources, staff training, and process improvements. The contract has an initial term of 5 years, commencing on August 27, 2024, with options for up to 4 years of renewal, not exceeding a total of 10 years. Compensation is based on hourly rates ($140.00 for the initial term, $145.00 for renewals), with a maximum total payment not to exceed $5,000,000.00. The agreement includes standard business terms and conditions, as well as state-specific supplemental provisions.
Effective Date
Aug 27, 2024
Expires
Effective: Aug 27, 2024
Illinois Department of Insurance
Expires:
This contract is between the State of Illinois, Department of Insurance, and INS Regulatory Insurance Services, Inc. for the provision of Risk Surveillance Service. The services aim to maintain and enhance the Department's financial analysis process, including providing additional analysis resources, staff training, and process improvements. The contract has an initial term of 5 years, commencing on August 27, 2024, with options for up to 4 years of renewal, not exceeding a total of 10 years. Compensation is based on hourly rates ($140.00 for the initial term, $145.00 for renewals), with a maximum total payment not to exceed $5,000,000.00. The agreement includes standard business terms and conditions, as well as state-specific supplemental provisions.
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