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Employment and Health Benefits: A Connection at Risk (1993)
Institute of Medicine (IOM)

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. "4 WHATD DOES EMPLOYER MANAGEMENT OF HEALTH BENEFITS INVOLVE? OVERVIEW AND CASE STUDY." Employment and Health Benefits: A Connection at Risk. Washington, DC: The National Academies Press, 1993.

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Employment and Health Benefits: A Connection at Risk
  • availability of a comprehensive range of managed care services providing value, access, quality, and accountability to (the organization) 

  • ability and efficiency of the administrator to provide quality administrative and claims-processing services 

  • net cost (cost of services, management of claim cost, retention) 

  • maximum cost liability 

  • overall response to the specifications as presented 

  • the character, reputation, financial condition, and experience of the bidding company.

Determination of Competitive Range and Contractor Selection

The competitive range will be determined on the basis of the above evaluation factors and will be made up of all offerors whose proposal has a reasonable chance of being selected for award considering such factors. Award will be made to the responsible offeror whose proposal, conforming to the solicitation, is most advantageous to (the organization), the above factors considered.

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