The proposed Modification No. M0008 to Contract No. CW99577 with Mercer Health & Benefits, LLC seeks to exercise the third option year of the contract, which will run from May 18, 2025, to May 17, 2026, with a not-to-exceed amount of $3,880,500. This modification allows Mercer to continue providing essential actuarial services, technical assistance, and consultation for various health care programs, including the Medicaid Managed Care Program and the Child and Adolescent Supplemental Security Income Program. The contract modification is supported by a certification from the Department of Health Care Finance that the necessary funding is available within the appropriated budget for the fiscal year.

The modification includes a detailed price schedule outlining the specific tasks and associated costs for the services to be provided during the option period. These tasks encompass the development and certification of capitation rates for managed care organizations, technical assistance for healthcare program development, and performance analyses. The total cost for these services, including a reimbursable travel component, is capped at $3,880,500, ensuring that all terms and conditions of the original contract remain unchanged except for the specified modifications.