Trustees authorize RFP for third-party administrator and pharmacy benefit manager after broker motion fails
After hearing brokers and consultants, the board rejected hiring a single broker/consultant and authorized administration to issue an RFP for a TPA and PBM for the district's self-funded healthcare plan.
The full story
Trustees heard proposals from benefits brokers and consultants and debated whether to hire a single consultant/broker to manage the district's self-funded health plan procurement. A motion to retain a broker/consultant failed; trustees then authorized administration to issue a competitive RFP for a third-party administrator and a pharmacy benefit manager and to return proposals to committee for review.
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