Third-Party Administrator Services for Health Insurance Premium Reimbursement (HIPR) Program
Proposal Due Date: July 2, 2021 at 4:00 PM PST
The City of Los Angeles Department of Fire and Police Pensions (LAFPP) is seeking information from third-party administrator firms that specialize in flexible spending account administration services, in order to determine whether to proceed and issue a formal Request for Proposal (RFP) for such services.
There are currently about 310 retirees who participate in the LAFPP Health Insurance Premium Reimbursement (HIPR) Program. The HIPR program is available to all pensioners and qualified surviving spouses/domestic partners who meet LAFPP health insurance eligibility requirements and are not enrolled in an LAFPP Board-approved health plan. Currently, members enrolled in HIPR receive quarterly reimbursement of their Health Insurance premiums up to their individual subsidy eligibility.
LAFPP is seeking information on the services of an established third-party administrator to administer the HIPR program for our small group of retirees. LAFPP is researching the possibility of increasing the frequency of HIPR reimbursement from quarterly to monthly and finding a firm that can administer the HIPR program within existing constraints of the existing retiree health subsidy program.
This RFI has been prepared to assist LAFPP in fully understanding all the services provided by firms that perform third-party administration of health insurance premium reimbursement or similar type of reimbursement programs. With this gained knowledge, LAFPP will be better able to determine if issuing a formal RFP should be pursued in the future. No contract will be awarded as a result of this RFI process.