--- title: "Provision of Private Medical Insurance" ocid: "ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035.json" source: "Contracts Finder" current_stage: "Tender" buyer: "OFCOM" published: "2024-06-14" --- # Provision of Private Medical Insurance Buyer: OFCOM Current stage: Tender OCID: ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035.json) ## Summary OFCom is inviting tenders for the provision of Private Medical Insurance cover for its employees from 1 January 2025 to either 31 December 2026 or 31 December 2027. The procurement method is an open procedure, with a total contract value of £9,000,000. The closing date for tenders is 16 July 2024. The contract period starts on 1 January 2025 and ends on 31 December 2026. The procurement falls under the "Insurance and pension services" category and is located in London, with postal code SE1 9HA. This tender presents an opportunity for insurance providers to offer group Private Medical Insurance cover to OFCom employees. Businesses providing insurance services in the UK and meeting regulatory requirements can compete. The requirements include offering clear pathways for healthcare conditions, online services, and support helplines. Businesses focusing on wellbeing services and ancillary offers have a chance to enhance their portfolio through this contract. ## Notice a provider of a group Private Medical Insurance cover to Ofcom Colleagues, and any associated groups covered under the "Ofcom Choices Group Private Medical Insurance" scheme, from 1 January 2025 to 31 December 2026, or 31 December 2027 (if a three-year expiry period is offered). The key criteria for this ITT are: - the nature of the benefit offered, - its clarity and ease of use for members and administrators, - its cost, and - its alignment with our Diversity & Inclusion and Wellbeing objectives. In addition, Ofcom is looking for ease of implementation, straightforward contracting and the service levels offered. As a minimum, the Tenderers must: - Meet the detailed requirements as outlined in Appendix 1 to Section 6. - Provide rates for all levels of cover (single, couple, family and single parent), including rates for employees over 65 - please ensure that your rates are on the correct rate weightings (see the Data Pack for further details). - Ensure at a minimum the continuation of current benefit at the same level as currently provided and as outlined in the ITT Data Pack, which is provided as Appendix 2 to Section 6. We expect Tenderers to provide details on where the level of cover they can provide is improved from the minimum continuation of the current benefit level, clearly highlighting the difference in cover and financial impact if there is one. - Provide group Private Medical Insurance cover to a small group of employees that are not eligible for flexible benefits through Ofcom Choices. These employees are currently insured under the main group Private Medical Insurance scheme but under a separate subsection. - Offer clear pathways for Musculoskeletal and Mental Health conditions and for Cancer (skin, breast and prostate). - Offer online services for members, including online claim submissions and tracking, with access through computers, smartphones and tablets. - Provide robust Management Information ideally accessible directly by Ofcom but otherwise provided at regular intervals. - Demonstrate an understanding of Ofcom's Diversity & Inclusion objectives and how the cover supports these objectives. - Be an insurer that is regulated and authorised by the UK Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA). - Demonstrate a high level of financial stability; Standard & Poor A+ (stable) rating or higher. It would be preferable if the insurance policy and/or insurance provider could: - Provide a three-year administration charge guarantee. A two-year administration charge guarantee is acceptable but may not score as highly as a three-year administration guarantee. - Offer support helplines to members such as a 24/7 service. - Offer members ancillary wellbeing services and offers. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/173b1a37-cfec-44dd-9788-a3c533cf9bef | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 14 Jun 2024 | | Submission deadline | 16 Jul 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Jan 2025 - 31 Dec 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £9,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | OFCOM | | Locality | LONDON | | Post town | South East London | | Postcode | SE1 9HA | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI44 Lewisham and Southwark | | Local authority | Southwark | | Electoral ward | Borough & Bankside | | Westminster constituency | Bermondsey and Old Southwark | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66500000 - Insurance and pension services ## Release History - 14 Jun 2024 at 07:19 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/173b1a37-cfec-44dd-9788-a3c533cf9bef ## Documents - https://www.contractsfinder.service.gov.uk/Notice/173b1a37-cfec-44dd-9788-a3c533cf9bef 14th June 2024 - Opportunity notice on Contracts Finder - https://ofcom.bravosolution.co.uk Link to eSourcing Portal ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a39fc7fd-83d2-4f80-b6f0-2ee8f9813035.json.