UX Contract › Industries › 524292
NAICS 524292
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds: federal contracts
Who buys pharmacy benefit management and other third party administration of insurance and pension funds from the federal government, who wins the work, and where. Contract obligations in fiscal year 2026 (Oct 1, 2025 to Sep 30, 2026), from USAspending.gov. Contract award types A to D (BPA calls, purchase orders, delivery orders and definitive contracts). Obligations can be negative when an agency takes money back. Data saved from USAspending.gov on Oct 23, 2026.
$1.17 billion$1,174,683,734 in contract obligations
245contract awards with money in the year
10agencies buying (top 10 shown)
15states with work
Agencies buying
- 1. Department of Veterans Affairs$1.00 billion · 85.5%
- 2. Department of Homeland Security$68.1 million · 5.8%
- 3. Department of Defense$43.3 million · 3.7%
- 4. Office of Personnel Management$23.0 million · 2.0%
- 5. Department of Health and Human Services$19.7 million · 1.7%
- 6. Peace Corps$7.7 million · 0.7%
- 7. Corporation for National and Community Service$6.4 million · 0.5%
- 8. Department of Energy$1.5 million · 0.1%
- 9. Department of the Treasury$325,428 · 0.0%
- 10. Department of Justice$274,898 · 0.0%
Top companies (recipients)
- 1. OPTUMRX ADMINISTRATIVE SERVICES, LLC$508.7 million · 43.3%
- 2. TRIWEST HEALTHCARE ALLIANCE CORP$352.8 million · 30.0%
- 3. SIGNATURE CHOICE II, LLC$126.4 million · 10.8%
- 4. ARDENT GROUP, LLC$50.2 million · 4.3%
- 5. WISCONSIN PHYSICIANS SERVICE INSURANCE CORP.$38.4 million · 3.3%
- 6. GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC.$27.9 million · 2.4%
- 7. HEALTHEQUITY, INC.$26.9 million · 2.3%
- 8. TAURUS, LLC$22.6 million · 1.9%
- 9. INTERNATIONAL MEDICAL GROUP INC$12.4 million · 1.1%
- 10. CONSUMER CAPITAL GROUP CORP.$11.1 million · 0.9%
Where the work is (states)
- 1. Colorado$559.4 million · 47.6%
- 2. Alaska$352.7 million · 30.0%
- 3. Virginia$154.4 million · 13.1%
- 4. Wisconsin$38.4 million · 3.3%
- 5. Utah$26.4 million · 2.3%
- 6. Florida$23.1 million · 2.0%
- 7. Indiana$12.4 million · 1.1%
- 8. Illinois$11.1 million · 0.9%
- 9. Pennsylvania$3.5 million · 0.3%
- 10. California$1.8 million · 0.2%
Largest awards in NAICS 524292
| Recipient | Amount | Agency | What | Dates | Award |
|---|---|---|---|---|---|
| WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. WI | $223.2 million $223,184,065 | Department of Defense Defense Health Agency | TRICARE MEDICARE ELIGIBLE PROGRAM (TMEP) SERVICES NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | May 1, 2021 to Apr 30, 2027 | HT940221C0005 ↗ |
| OPTUMRX ADMINISTRATIVE SERVICES, LLC CO | $159.2 million $159,197,318 | Department of Veterans Affairs | EXPRESS REPORT: PBM APR, MAY, JUN, JULY FY26 NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Apr 1, 2026 to Jul 31, 2026 | 36C79126K0132 ↗ |
| SIGNATURE CHOICE II, LLC VA | $147.6 million $147,602,900 | Department of Veterans Affairs | VA CLAIMS PROCESSING AND CUSTOMER SERVICE NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | May 8, 2025 to Nov 7, 2026 | 36C10G25N0048 ↗ |
| OPTUMRX ADMINISTRATIVE SERVICES, LLC CO | $137.0 million $136,950,146 | Department of Veterans Affairs | EXPRESS REPORT: PBM JUN, JUL, AUG, SEPT FY25 NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Jun 1, 2025 to Sep 30, 2025 | 36C79126K0129 ↗ |
| OPTUMRX ADMINISTRATIVE SERVICES, LLC CO | $106.3 million $106,297,480 | Department of Veterans Affairs | EXPRESS REPORT: PBM JAN, FEB, MAR FY25 NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Jan 1, 2026 to Mar 31, 2026 | 36C79126K0131 ↗ |
| OPTUMRX ADMINISTRATIVE SERVICES, LLC CO | $106.3 million $106,276,908 | Department of Veterans Affairs | EXPRESS REPORT: PBM OCT, NOV, DEC, FY25 NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Oct 1, 2025 to Dec 31, 2025 | 36C79126K0130 ↗ |
| TORRENT TECHNOLOGIES, INC. DC | $97.3 million $97,268,704 | Department of Homeland Security Federal Emergency Management Agency | CONTRACTOR SUPPORT TO FACILITATE A PROPERTY OWNER'S INSURANCE AGENT OBTAINING FLOOD INSURANCE FOR THEIR CLIENT, THE HOMEOWNER, DIRECTLY FROM THE GOVERNMENT RATHER THROUGH A WYO COMPANY. CONTRACTOR SHALL FURNISH ALL PERSO NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Sep 30, 2022 to Jun 27, 2025 | 70FA6022C00000006 ↗ |
| WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. WI | $65.3 million $65,275,235 | Department of Defense Defense Health Agency | TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES. NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Dec 19, 2019 to Apr 30, 2022 | HT940220F0004 ↗ |
| ARDENT GROUP, LLC CO | $46.2 million $46,188,309 | Department of Homeland Security U.S. Immigration and Customs Enforcement | THE PURPOSE OF THIS CONTRACT IS TO PROVIDE ICE HEALTH SERVICE CORPS WITH A PHARMACY BENEFIT MANAGER TO MANAGE FORMULARY, CLAIMS PROCESSING, PHARMACY NETWORK ADMINISTRATION, AND BENEFIT PLAN DESIGN. NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Oct 25, 2025 to Oct 24, 2026 | 70CDCR26C00000003 ↗ |
| TORRENT TECHNOLOGIES, INC. MT | $37.8 million $37,794,763 | Department of Homeland Security Federal Emergency Management Agency | NFIP DIRECT TRANSITION AND STEADY STATE SUPPORT NAICS 524292 PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSUR | Mar 26, 2021 to Sep 29, 2022 | 70FA6021F00000014 ↗ |