L25004-T-LH - Private Medical Insurance - Employees

Open

Value

£1,600,000

Classifications

  • Life reinsurance services

Tags

  • tender

Submission Deadline

1 week from now

Published

3 weeks ago

Description

This is a Pre Market Exercise for Private medical insurance

Additional information: 
London Luton Airport (LLA) provides Private Medical Insurance for all staff at LLA. As this is an insurance product, LLA have a responsibility to ensure that best value is achieved each year and in order to do so, conduct a Pre Market Exercise (PME) to bench mark the Private Medical insurance market. 
This project is to enable that information is gathered and should an alternative provider be sourced through this exercise then LLA will/ may use this information to award appropriately. 

This PMI (Private Medical Insurance) will be offered as a fully insured (ideally with profit share) and managed service. The policy will be underwritten as Medical History Disregarded (MHD) for all covered in the policy. The policy will be based on a nil excess for employees. However, it will be asked to quote with excess and underwriting options as a price comparison.

Documents

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  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

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  • Award Notice

    Details on the tender award and selected suppliers.

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