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City committee selects USI Insurance Services as benefits consultant after competitive RFP
Summary
The Providence POCS committee recommended awarding a three-year health benefits consulting contract to USI Insurance Services LLC after a competitive RFP; members said the firm matched the city's desired flat-fee structure and offered training, actuarial services and data analytics.
The Providence POCS (People, Culture and Service) committee on July 25 recommended awarding a health-care consulting contract to USI Insurance Services LLC, citing the firm's flat-fee proposal and services tailored to the city's complex employee benefits program. The committee discussed four proposals received in response to a March request for proposals.
The city's presenter said Mercer, the city's consultant for roughly 12 to 13 years, did not submit a timely proposal; two bidders proposed commission-based models, which staff…
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