Data / Federal awards / NAICS 524292
NAICS 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds: $2.7 billion in federal contracts to 66 recipients (FY2024 to FY2027)
Updated October 6, 2026. Source: USAspending.gov.
Federal agencies obligated $2.7 billion under NAICS 524292, Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds, across 622 contract awards to 66 named recipients in fiscal years 2024 to 2027. The largest recipients are TRIWEST HEALTHCARE ALLIANCE CORP ($938.4 million), OPTUMRX ADMINISTRATIVE SERVICES, LLC ($930.1 million), SIGNATURE CHOICE II, LLC ($328.9 million). Department of Veterans Affairs is the largest buyer with $2.2 billion. 4 opportunities under this code are open on SAM.gov now.
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- NAICS code
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- Contract awards
- 622
- Obligated
- $2.7 billion
- Named recipients
- 66
- Buying agencies
- 46
- Small business share of obligations
- 17%
- Full and open competition share
- 82%
- Set aside share
- 1%
- Latest action
- 2026-10-04
Open opportunities in this niche
The same code on SAM.gov, read each morning: 4 opportunities you can still respond to.
Incumbents: the largest recipients
Ranked by dollars obligated in fiscal years 2024 to 2027.
| Recipient | Business size | Awards | Obligated | Share |
|---|---|---|---|---|
| TRIWEST HEALTHCARE ALLIANCE CORP | Other Than Small Business | 40 | $938.4 million | 34.9% |
| OPTUMRX ADMINISTRATIVE SERVICES, LLC | Other Than Small Business | 19 | $930.1 million | 34.6% |
| SIGNATURE CHOICE II, LLC | Small Business | 4 | $328.9 million | 12.2% |
| WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. | Other Than Small Business | 8 | $139.6 million | 5.2% |
| HEALTHEQUITY, INC. | Other Than Small Business | 251 | $66.4 million | 2.5% |
| TAURUS, LLC | Small Business | 5 | $54.8 million | 2.0% |
| TORRENT TECHNOLOGIES, INC. | Other Than Small Business | 6 | $33.7 million | 1.3% |
| INTERNATIONAL MEDICAL GROUP INC | Other Than Small Business | 12 | $33.3 million | 1.2% |
| GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC. | Other Than Small Business | 1 | $27.9 million | 1.0% |
| OPTUMSERVE TECHNOLOGY SERVICES, INC. | Other Than Small Business | 2 | $18.6 million | 0.7% |
| CONSUMER CAPITAL GROUP CORP. | Small Business | 1 | $16.9 million | 0.6% |
| SIGNATURE CHOICE, LLC | Small Business | 2 | $15.8 million | 0.6% |
| SERCO INC | Other Than Small Business | 3 | $11.8 million | 0.4% |
| RECEIVIA, INC. | Small Business | 1 | $9.2 million | 0.3% |
| INNOVATIVE CLAIM SOLUTIONS, INC | Other Than Small Business | 1 | $4.4 million | 0.2% |
| PALISADE STRATEGIES, LLC | Small Business | 41 | $4 million | 0.2% |
| PALISADE-HERITAGE JV LLC | Small Business | 88 | $3.9 million | 0.1% |
| NOVITAS SOLUTIONS, INC. | Other Than Small Business | 3 | $3.3 million | 0.1% |
| DEFENSE COLLABORATION GROUP LLC | Small Business | 4 | $3.2 million | 0.1% |
| UNITED HEALTHCARE SERVICES,INC. | Other Than Small Business | 1 | $3 million | 0.1% |
| SEVEN CORNERS INC | Other Than Small Business | 1 | $2.9 million | 0.1% |
| THE SSI GROUP, LLC | Other Than Small Business | 1 | $2.8 million | 0.1% |
| INSURANCE SERVICES OFFICE, INC. | Other Than Small Business | 1 | $2.1 million | 0.1% |
| PALISADE-HERITAGE JOINT VENTURE II, LLC | Small Business | 12 | $2.1 million | 0.1% |
| PALISADE HERITAGE HEALTH, LLC | Small Business | 13 | $2 million | 0.1% |
| PROVIDER RESOURCES, LLC | Small Business | 5 | $1.1 million | 0.0% |
| PROSIDIAN CONSULTING LLC | Small Business | 1 | $1.1 million | 0.0% |
| HORIZON STRATEGIES LLC | Small Business | 1 | $886,536 | 0.0% |
| PARAGON BENEFITS, INC. | Small Business | 3 | $536,662 | 0.0% |
| PENSER NORTH AMERICA, INC. | Small Business | 2 | $482,795 | 0.0% |
| SINA DRUG LLC | Small Business | 2 | $316,148 | 0.0% |
| RPW SOLUTIONS LLC | Other Than Small Business | 1 | $270,000 | 0.0% |
| BLISS PHARMACY SERVICES LLC | Small Business | 2 | $170,000 | 0.0% |
| EXPRESS SCRIPTS INC | Other Than Small Business | 1 | $135,811 | 0.0% |
| ASD SPECIALTY HEALTHCARE, LLC | Small Business | 1 | $88,430 | 0.0% |
| EMPLOYEE BENEFIT ADVISORS, INC. | Small Business | 22 | $40,048 | 0.0% |
| TRUAX PATIENT SERVICES, LLC | Small Business | 1 | $36,300 | 0.0% |
| NATIONWIDE PHARMACEUTICAL LLC | Small Business | 4 | $31,751 | 0.0% |
| MISCELLANEOUS FOREIGN AWARDEES | Other Than Small Business | 2 | $30,000 | 0.0% |
| CHANGE HEALTHCARE OPERATIONS, LLC | Other Than Small Business | 1 | $21,306 | 0.0% |
| PMSI LLC | Other Than Small Business | 2 | $2 | 0.0% |
| PARAGON STRATEGIC SOLUTIONS INC | Other Than Small Business | 1 | $0 | 0.0% |
| KIRK & ASSOCIATES LLC | Small Business | 1 | $0 | 0.0% |
| CERTIFIED HEALTHCARE BILLING SERVICES, INC. | Small Business | 1 | $0 | 0.0% |
| SOUTH SHORE SURGICAL BILLING, INC. | Small Business | 1 | $0 | 0.0% |
| EDGEMED HEALTHCARE, LLC | Small Business | 1 | $0 | 0.0% |
| RCM SOLUTIONS, LLC | Small Business | 1 | $0 | 0.0% |
| EZ MEDICAL BILLING INC. | Other Than Small Business | 1 | $0 | 0.0% |
| PLANNING, INC. | Small Business | 1 | $0 | 0.0% |
| NEAT BIZ SOLUTIONS LLC | Small Business | 1 | $0 | 0.0% |
Agencies buying under this code
| Agency | Awards | Obligated | Largest recipient |
|---|---|---|---|
| Department of Veterans Affairs | 249 | $2.24 billion | TRIWEST HEALTHCARE ALLIANCE CORP |
| Department of Defense | 50 | $157.2 million | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. |
| Department of Homeland Security | 57 | $136.2 million | TAURUS, LLC |
| Office of Personnel Management | 9 | $46.4 million | HEALTHEQUITY, INC. |
| Department of Health and Human Services | 30 | $43.9 million | GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC. |
| Department of the Treasury | 41 | $17.6 million | INTERNATIONAL MEDICAL GROUP INC |
| Peace Corps | 5 | $14.6 million | INTERNATIONAL MEDICAL GROUP INC |
| Pension Benefit Guaranty Corporation | 7 | $11.8 million | SERCO INC |
| Corporation for National and Community Service | 6 | $6.3 million | INTERNATIONAL MEDICAL GROUP INC |
| Department of Energy | 7 | $5.1 million | INNOVATIVE CLAIM SOLUTIONS, INC |
| Department of State | 7 | $3.4 million | SEVEN CORNERS INC |
| Department of Justice | 6 | $1.5 million | HEALTHEQUITY, INC. |
| National Science Foundation | 2 | $1.1 million | PROSIDIAN CONSULTING LLC |
| Department of Agriculture | 4 | $883,647 | HEALTHEQUITY, INC. |
| Department of Transportation | 8 | $702,707 | HEALTHEQUITY, INC. |
| Department of Commerce | 5 | $610,697 | HEALTHEQUITY, INC. |
| Social Security Administration | 3 | $563,799 | HEALTHEQUITY, INC. |
| National Aeronautics and Space Administration | 5 | $405,182 | HEALTHEQUITY, INC. |
| General Services Administration | 23 | $198,333 | HEALTHEQUITY, INC. |
| Department of Labor | 8 | $194,891 | HEALTHEQUITY, INC. |
| Securities and Exchange Commission | 3 | $118,961 | HEALTHEQUITY, INC. |
| Department of Housing and Urban Development | 6 | $108,757 | HEALTHEQUITY, INC. |
| Agency for International Development | 2 | $77,974 | HEALTHEQUITY, INC. |
| Government Accountability Office | 16 | $74,091 | HEALTHEQUITY, INC. |
| Consumer Financial Protection Bureau | 2 | $61,363 | HEALTHEQUITY, INC. |
Obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2024 | $799.5 million |
| FY2025 | $729.2 million |
| FY2026 | $1.16 billion |
| FY2027 | $1.3 million |
Products and services bought
| Code | Product or service | Awards | Obligated |
|---|---|---|---|
| R408 | Support- Professional: Program Management/support | 102 | $951.5 million |
| Q999 | Medical- Other | 49 | $925.8 million |
| R499 | Support- Professional: Other | 38 | $429.9 million |
| Q201 | Medical- General Health Care | 5 | $143.3 million |
| G008 | Social- Government Insurance Programs: Other | 20 | $91.5 million |
| R711 | Support- Management: Banking | 166 | $57.6 million |
| R799 | Support- Management: Other | 64 | $44.6 million |
| Q701 | Specialized Medical Support | 4 | $21.4 million |
| R710 | Support- Management: Financial | 12 | $12.1 million |
| Q517 | Pharmacy Services | 70 | $5.5 million |
Largest contract awards
| Award ID | Recipient | Agency | Type | NAICS | What it buys | Obligated in window | Award value | Starts | Ends | Place of performance | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 36C10G24N0058 | SIGNATURE CHOICE II, LLC | Department of Veterans Affairs | Delivery Order | 524292 | VA CLAIMS PROCESSING AND CUSTOMER SERVICES | $176,437,108 | $176,437,108 | May 8, 2024 | May 7, 2025 | Denver, CO | usaspending.gov |
| 36C79126K0132 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM APR, MAY, JUN, JULY FY26 | $159,197,318 | $159,197,318 | April 1, 2026 | July 31, 2026 | Golden, CO | usaspending.gov |
| HT940221C0005 | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. | Department of Defense | Definitive Contract | 524292 | TRICARE MEDICARE ELIGIBLE PROGRAM (TMEP) SERVICES | $151,985,986 | $285,655,614 | May 1, 2021 | April 30, 2027 | Monona, WI | usaspending.gov |
| 36C10G25N0048 | SIGNATURE CHOICE II, LLC | Department of Veterans Affairs | Delivery Order | 524292 | VA CLAIMS PROCESSING AND CUSTOMER SERVICE | $147,602,900 | $319,815,911 | May 8, 2025 | November 7, 2026 | Woodbridge, VA | usaspending.gov |
| 36C79126K0129 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM JUN, JUL, AUG, SEPT FY25 | $136,950,146 | $136,950,146 | June 1, 2025 | September 30, 2025 | Golden, CO | usaspending.gov |
| 36C79126K0131 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM JAN, FEB, MAR FY25 | $106,297,480 | $106,297,480 | January 1, 2026 | March 31, 2026 | Golden, CO | usaspending.gov |
| 36C79126K0130 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM OCT, NOV, DEC, FY25 | $106,276,908 | $106,276,908 | October 1, 2025 | December 31, 2025 | Golden, CO | usaspending.gov |
| 36C79125K0079 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM DEC 2024 | $41,079,827 | $41,079,827 | December 1, 2024 | December 31, 2024 | Denver, CO | usaspending.gov |
| 70FA6022C00000006 | TORRENT TECHNOLOGIES, INC. | Department of Homeland Security | Definitive Contract | 524292 | CONTRACTOR SUPPORT TO FACILITATE A PROPERTY OWNER'S INSURANCE AGENT OBTAINING FLOOD INSURANCE FOR THEIR CLIENT, THE HOMEOWNER, DIRECTLY FROM | $39,793,484 | $112,788,283 | September 30, 2022 | June 27, 2025 | Washington, DC | usaspending.gov |
| 36C10G26K0299 | TRIWEST HEALTHCARE ALLIANCE CORP | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: AUGUST FY26 Q4 | $35,202,006 | $35,202,006 | August 1, 2026 | August 31, 2026 | Anchorage, AK | usaspending.gov |
| 36C79124K0392 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM AUG 2024 | $34,913,966 | $34,913,966 | August 1, 2024 | August 31, 2024 | Denver, CO | usaspending.gov |
| 36C79124K0314 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | PBM EXPRESS REPORT: JUNE 2024 | $34,513,103 | $34,513,103 | June 1, 2024 | June 30, 2024 | Denver, CO | usaspending.gov |
| 36C79125K0178 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM MAR 2025 | $34,417,529 | $34,417,529 | March 1, 2025 | March 31, 2025 | Golden, CO | usaspending.gov |
| 36C79125K0134 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM JAN 2025 | $33,990,241 | $33,990,241 | January 1, 2025 | January 31, 2025 | Golden, CO | usaspending.gov |
| 36C10G26K0292 | TRIWEST HEALTHCARE ALLIANCE CORP | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: JUNE FY26 Q3 | $33,713,567 | $33,713,567 | June 1, 2026 | June 30, 2026 | Anchorage, AK | usaspending.gov |
| 36C79124K0283 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | PBM EXPRESS REPORT: APRIL 2024 | $33,265,207 | $33,265,207 | March 31, 2024 | April 30, 2024 | Denver, CO | usaspending.gov |
| 36C10G26K0134 | TRIWEST HEALTHCARE ALLIANCE CORP | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: OCTOBER FY26 Q1 | $32,453,514 | $32,453,514 | October 1, 2025 | October 31, 2025 | Anchorage, AK | usaspending.gov |
| 36C10G26K0214 | TRIWEST HEALTHCARE ALLIANCE CORP | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: DECEMBER FY26 Q1 | $31,668,430 | $31,668,430 | December 1, 2025 | December 31, 2025 | Anchorage, AK | usaspending.gov |
| 36C79125K0074 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM NOV 2024 | $30,927,272 | $30,927,272 | November 1, 2024 | November 30, 2024 | Denver, CO | usaspending.gov |
| 36C79124K0393 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM SEP 2024 | $30,475,708 | $30,475,708 | September 1, 2024 | September 30, 2024 | Denver, CO | usaspending.gov |
| 36C79125K0146 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM FEB 2025 | $30,455,128 | $30,455,128 | February 1, 2025 | February 28, 2025 | Golden, CO | usaspending.gov |
| 36C10G25K0011 | TRIWEST HEALTHCARE ALLIANCE CORP | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: OCTOBER FY 2025 Q1 | $29,832,362 | $29,832,362 | October 1, 2024 | October 31, 2024 | Anchorage, AK | usaspending.gov |
| 36C10G26K0279 | TRIWEST HEALTHCARE ALLIANCE CORP | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: MAY FY26 Q3 | $29,795,053 | $29,795,053 | May 1, 2026 | May 31, 2026 | Anchorage, AK | usaspending.gov |
| 36C10G25K0379 | TRIWEST HEALTHCARE ALLIANCE CORP | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: MARCH FY25 Q3 | $29,666,361 | $29,666,361 | March 1, 2025 | March 31, 2025 | Anchorage, AK | usaspending.gov |
| 36C79125K0253 | OPTUMRX ADMINISTRATIVE SERVICES, LLC | Department of Veterans Affairs | Delivery Order | 524292 | EXPRESS REPORT: PBM MAY FY25 | $29,614,005 | $29,614,005 | May 1, 2025 | May 31, 2025 | Golden, CO | usaspending.gov |
Public U.S. federal spending data (U.S. Department of the Treasury). Obligations are the contract actions dated in fiscal years 2024 to 2027 of the USAspending.gov award archive of 2026-10-06; a contract's total value is its current value as USAspending reports it, including earlier years. Recipients are matched on their SAM.gov UEI, never on the name, and are shown as the government prints them. Sole proprietorships and opted-out entities count in the totals and are not named. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.