Federal obligations in pharmacy benefit management and other TPA services (NAICS 524292)
Federal contract obligations tagged NAICS 524292 — pharmacy benefit management and other third party administration of insurance and pension funds — total $3,290,247,594.30 across 509 awards, according to USAspending.gov aggregates on SpendingVault. Census places this insurance-administration code on PBMs and other TPAs, not drug wholesalers (424210) and not direct health insurers (524114). Five hundred nine awards against $3.29 billion is a thin action count. The figure is obligations, not outlays. Assistance awards often omit NAICS and do not add to this total.
Key figures
- NAICS 524292 contract obligations total $3,290,247,594.30 on USAspending.gov.
- The rollup covers 509 awards and is not cash outlays.
- 524292 is PBM/TPA administration, not drug wholesale or entitlements.
- Assistance awards without NAICS are omitted from this total.
TPA administration, not drug wholesale 424210
NAICS 524292 covers pharmacy benefit management and other third-party administration of insurance and pension funds. Claims administration and PBM contracts can land here when the award is tagged 524292. Merchant wholesale of drugs (424210) and direct health insurance carriers (524114) are other codes. The $3,290,247,594.30 total is the TPA/PBM tag, not “federal drug spend.”
A wholesale drug delivery tagged 424210 will not raise this administration row. A PBM vehicle tagged 524292 will. SpendingVault reports the USAspending award tag, not an NDC catalog and not an FEC employer string such as “insurance.”
509 awards: concentration on administration vehicles
Five hundred nine awards produced $3,290,247,594.30 in obligations. That is a thin action count next to wholesale 424210’s hundreds of thousands of lines. Large TPA vehicles can dominate; the packet does not name them. The table shows tagged dollars and the 509-award count.
Obligations move with new awards, options, and modifications, including deobligations. Outlays are payments and are not this $3,290,247,594.30 rollup. A multi-year vehicle can show a large commitment while invoices follow performance. The industry page does not convert obligations into a cash calendar.
How USAspending attaches this NAICS
USAspending.gov stores NAICS on contract actions. public-health grants and many entitlement pharmacy programs often have no NAICS field. Those dollars will not add to the 509 awards. Open program pages for grant-funded activity in this industry.
The label is a Census NAICS classification. It is not a formulary census and not campaign-finance text. Cite USAspending.gov via SpendingVault for $3,290,247,594.30 and the 509-award count.
What the 524292 table is and is not
The hub lists recipients and awards that share this NAICS tag. A large obligation is a disclosed commitment. It is not a finding that a claim was denied, that a drug was overpriced, or that a small business was excluded. SpendingVault does not score outcomes from the dollar total.
Use award IDs, not the $3,290,247,594.30 headline, to separate two companies. Subcontractors may be missing if the prime coded 524292. UEI and name changes are ordinary in the file.
Neighboring insurance and wholesale codes
Direct health and medical insurance carriers (524114) and drug wholesalers (424210) are separate pages. Adding them to $3,290,247,594.30 would mix underwriting and wholesale with TPA administration. That recode is not this page.
Assistance without NAICS remains outside the 509-award count. For a recipient that also holds grants, open the recipient record. This guide stays on contract NAICS 524292 from USAspending.gov. Keep obligations distinct from outlays.
PBM administration versus paying for pills
A wholesale award tagged 424210 will not raise the 509-award count. A TPA vehicle tagged 524292 sits in $3,290,247,594.30 even if the same prime also holds a 424210 wholesale schedule. SpendingVault does not merge those rows.
Searchers who want “all federal pharmacy dollars” must add wholesale, manufacturing, and entitlement programs and will still miss assistance without NAICS. This page does not perform that recode. Cite contract NAICS 524292 only. Do not treat the row as an FEC occupation called pharmacist. The $3,290,247,594.30 figure remains an obligation stock on USAspending.gov. Modifications that cut a TPA line will lower the running total without publishing a per-member statistic on this hub. Open award rows for administration descriptions. Neighboring 524 lines stay on their own pages unless those awards were tagged 524292.
A PBM task tagged 524292 still sits in $3,290,247,594.30; a wholesale shipment tagged 424210 does not. The 509 awards remain an action count, not a beneficiary census. Keep 524114 direct insurers on their own page. Cite USAspending.gov contract NAICS 524292 only. The headline is still obligations, not outlays. Medicare and Medicaid pharmacy flows without a contract NAICS stay outside this rollup. Do not add 424210 or 524114 into $3,290,247,594.30 without documenting a recode. The 509 awards stay an action file, not a member roster. Open award rows for CLIN-level descriptions the NAICS hub does not publish. Neighboring codes stay on their own SpendingVault industry pages unless those awards were tagged 524292. Keep obligations distinct from outlays on this rollup. Assistance awards without NAICS remain outside the contract tag. The packet reports only this NAICS tag from USAspending.gov contract actions, not outlays and not assistance without a NAICS field. Do not treat this industry total as an FEC employer string or as a cash-outlay extract from Treasury.
Questions
- How much has the federal government obligated under NAICS 524292?
- USAspending.gov contract aggregates on SpendingVault show $3,290,247,594.30 in obligations across 509 awards tagged pharmacy benefit management and other third party administration of insurance and pension funds. The number is obligations, not outlays. Assistance awards without NAICS are omitted. It is not an FEC employer string and not a combined total of neighboring NAICS codes.
- Does this include drug wholesaler contracts?
- Drugs and druggists’ sundries merchant wholesalers are NAICS 424210. Those awards will not add to the $3,290,247,594.30 total unless tagged 524292. The 509 awards are the PBM and other TPA contract tag from USAspending.gov via SpendingVault. Adding 424210 is a recode you must document on this page.
- Does this include Medicare or Medicaid drug payments?
- Those programs are typically entitlement or assistance flows, not this contract NAICS rollup. They often lack NAICS and do not add to the 509 awards or $3,290,247,594.30. Open program pages for those dollars. This industry page reports only contract actions tagged 524292 in USAspending.gov.
- Are these figures outlays or obligations?
- They are obligations: legally binding commitments on contract actions. Outlays are payments and are not this $3,290,247,594.30 rollup. Modifications can change obligations without a same-day payment. SpendingVault cites USAspending.gov contract NAICS for the 509 awards, not a Treasury cash extract.
NAICS from USAspending contract awards. Assistance awards may not carry NAICS.