Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
NAICS 524292 · Federal Contracts & Awards
Companies in the Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds industry (NAICS code 524292) have received $3.29B in federal contracts, grants, and other awards since FY2024, across 508 individual awards tracked through FY2026. The largest funding agency is Department of Veterans Affairs ($1.55B). Spending is concentrated in Alaska, Colorado, Wisconsin and 35 other states. All figures below come from USAspending.gov award records.
Total Obligations
$3.29B
Total Awards
508
States
38
Last Updated
Apr 21, 2026
Yearly Spending Trend
$2.08B24
$987.0M25
$223.7M26
Top 50 Awards in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
Largest individual obligations in NAICS 524292.
| Award | Recipient | Awarding Agency | Program | Place | FY | Obligation |
|---|---|---|---|---|---|---|
CONT_AWD_36C10G24N0058_3600_36C10G24D0051_3600 VA CLAIMS PROCESSING AND CUSTOMER SERVICES | SIGNATURE CHOICE II, LLC Virginia | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2024 | $179,319,830 |
CONT_AWD_75R60221C00004_7526_-NONE-_-NONE- PRB184 C 3611. CLAIMS REIMBURSEMENT TO HEALTH CARE PROVIDERS AND FACILITIES FOR TESTING, TREATMENT AND VACCINE ADMINISTRATION FOR THE UNINSURED. | OPTUMSERVE TECHNOLOGY SERVICES, INC. Maryland | Department of Health and Human Services Health Resources and Services Administration | — | COLUMBIA, MD-03 | 2024 | $169,066,307 |
CONT_AWD_HT940221C0005_9700_-NONE-_-NONE- TRICARE MEDICARE ELIGIBLE PROGRAM (TMEP) SERVICES | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MONONA, WI-02 | 2024 | $150,082,978 |
CONT_AWD_16PBGC19T0013_1665_16PBGC19D0009_1665 FIELD OFFICE SUPPORT SERVICES | SERCO INC Virginia | Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation | — | WASHINGTON, DC-98 | 2024 | $141,010,187 |
CONT_AWD_36C10G23F0013_3600_36C79119D0007_3600 NON-VA COMMUNITY HEALTHCARE CLAIMS PROCESSING&PROVIDER CUSTOMER SERVICE CONTACT CENTER | SIGNATURE CHOICE, LLC Virginia | Department of Veterans Affairs Department of Veterans Affairs | — | WOODBRIDGE, VA-07 | 2024 | $132,109,136 |
CONT_AWD_HT940220F0019_9700_HT940215D0001_9700 TRICARE OVERSEAS PROGRAM PROVIDES COMPREHENSIVE HEALTH CARE SUPPORT SERVICES TO ACTIVE DUTY SERVICE MEMBERS AND CERTAIN ACTIVE DUTY FAMILY MEMBERS IN DESIGNATED OVERSEAS LOCATIONS. | INTERNATIONAL SOS GOVERNMENT SERVICES LLC Pennsylvania | Department of Defense Defense Health Agency | — | FEASTERVILLE TREVOSE, PA-01 | 2025 | $108,498,532 |
CONT_AWD_HT940219F0009_9700_HT940215D0001_9700 TRICARE OVERSEAS PROGRAM PROVIDES COMPREHENSIVE HEALTH CARE SUPPORT SERVICES TO ACTIVE DUTY SERVICE MEMBERS AND CERTAIN ACTIVE DUTY FAMILY MEMBERS IN DESIGNATED OVERSEAS LOCATIONS. | INTERNATIONAL SOS GOVERNMENT SERVICES LLC Pennsylvania | Department of Defense Defense Health Agency | — | FEASTERVILLE TREVOSE, PA-01 | 2025 | $103,313,949 |
CONT_AWD_HT940218F0018_9700_HT940215D0001_9700 TRICARE OVERSEAS PROGRAM PROVIDES COMPREHENSIVE HEALTH CARE SUPPORT SERVICES TO ACTIVE DUTY SERVICE MEMBERS AND CERTAIN ACTIVE DUTY FAMILY MEMBERS IN DESIGNATED OVERSEAS LOCATIONS. | INTERNATIONAL SOS GOVERNMENT SERVICES LLC Pennsylvania | Department of Defense Defense Health Agency | — | FEASTERVILLE TREVOSE, PA-01 | 2024 | $102,168,880 |
CONT_AWD_0002_9700_HT940214D0003_9700 TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY SERVICES | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MONONA, WI-02 | 2024 | $72,958,000 |
CONT_AWD_HT940217F0001_9700_HT940214D0003_9700 TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY SERVICE | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MADISON, WI-02 | 2024 | $72,229,627 |
CONT_AWD_0003_9700_HT940214D0003_9700 TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY SERVICES | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MONONA, WI-02 | 2024 | $71,937,428 |
CONT_AWD_HT940218F0002_9700_HT940214D0003_9700 TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY SERVICES | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MONONA, WI-02 | 2024 | $69,941,045 |
CONT_AWD_HT940219F0004_9700_HT940214D0003_9700 TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY SERVICES | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MONONA, WI-02 | 2024 | $69,148,086 |
CONT_AWD_70FA6022C00000006_7022_-NONE-_-NONE- THE PURPOSE OF THIS MODIFICATION IS TO ADD CLAUSE 52.217-8 TO THE CONTRACT | TORRENT TECHNOLOGIES, INC. Montana | Department of Homeland Security Federal Emergency Management Agency | — | WASHINGTON, DC-98 | 2024 | $57,475,220 |
CONT_AWD_HT940221F0010_9700_HT940214D0003_9700 TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES. | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MONONA, WI-02 | 2025 | $55,675,108 |
CONT_AWD_36C79125K0079_3600_36C79124D0011_3600 EXPRESS REPORT: PBM DEC 2024 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2025 | $41,079,827 |
CONT_AWD_PC173007_1145_-NONE-_-NONE- HEALTHCARE SERVICES BENEFITS. | INTERNATIONAL MEDICAL GROUP INC Indiana | Peace Corps Peace Corps | — | INDIANAPOLIS, IN-07 | 2024 | $39,459,868 |
CONT_AWD_16PBGC21T0003_1665_16PBGC19D0009_1665 TASK ORDER #2 FOR FOSS | SERCO INC Virginia | Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation | — | HERNDON, VA-11 | 2024 | $37,817,298 |
CONT_AWD_36C79124K0392_3600_36C79124D0011_3600 EXPRESS REPORT: PBM AUG 2024 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2024 | $34,913,966 |
CONT_AWD_36C79124K0314_3600_36C79124D0011_3600 PBM EXPRESS REPORT: JUNE 2024 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2024 | $34,513,103 |
CONT_AWD_36C79125K0178_3600_36C79124D0011_3600 EXPRESS REPORT: PBM MAR 2025 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | GOLDEN, CO-07 | 2025 | $34,417,529 |
CONT_AWD_36C79125K0134_3600_36C79124D0011_3600 EXPRESS REPORT: PBM JAN 2025 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | GOLDEN, CO-07 | 2025 | $33,990,241 |
CONT_AWD_36C79124K0283_3600_36C79124D0011_3600 PBM EXPRESS REPORT: APRIL 2024 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2024 | $33,265,207 |
CONT_AWD_75R60221C00003_7526_-NONE-_-NONE- PRB184 C 3612. PAYMENT PROCESSING - GENERAL/TARGETED. | OPTUMSERVE TECHNOLOGY SERVICES, INC. Maryland | Department of Health and Human Services Health Resources and Services Administration | — | COLUMBIA, MD-03 | 2024 | $33,069,663 |
CONT_AWD_HT940221F0002_9700_HT940214D0003_9700 TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES. | WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. Wisconsin | Department of Defense Defense Health Agency | — | MONONA, WI-02 | 2025 | $32,783,233 |
CONT_AWD_36C10G26K0134_3600_36C10G21D0001_3600 EXPRESS REPORT: OCTOBER FY26 Q1 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2026 | $32,453,514 |
CONT_AWD_36C10G26K0214_3600_36C10G21D0001_3600 EXPRESS REPORT: DECEMBER FY26 Q1 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2026 | $31,668,430 |
CONT_AWD_36C79125K0074_3600_36C79124D0011_3600 EXPRESS REPORT: PBM NOV 2024 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2025 | $30,927,272 |
CONT_AWD_36C79124K0393_3600_36C79124D0011_3600 EXPRESS REPORT: PBM SEP 2024 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2024 | $30,475,708 |
CONT_AWD_36C79125K0146_3600_36C79124D0011_3600 EXPRESS REPORT: PBM FEB 2025 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | GOLDEN, CO-07 | 2025 | $30,455,128 |
CONT_AWD_36C10G25K0011_3600_36C10G21D0001_3600 EXPRESS REPORT: OCTOBER FY 2025 Q1 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $29,832,362 |
CONT_AWD_36C10G25K0379_3600_36C10G21D0001_3600 EXPRESS REPORT: MARCH FY25 Q3 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $29,666,361 |
CONT_AWD_36C79125K0253_3600_36C79124D0011_3600 EXPRESS REPORT: PBM MAY FY25 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | GOLDEN, CO-07 | 2025 | $29,614,005 |
CONT_AWD_N0018920CZ004_9700_-NONE-_-NONE- FUNDING | PARAGON BENEFITS, INC. Georgia | Department of Defense Department of the Navy | — | COLUMBUS, GA-02 | 2024 | $29,094,300 |
CONT_AWD_36C10G24K0116_3600_36C10G21D0001_3600 EXPRESS REPORT: MAY FY24 Q3 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2024 | $28,631,274 |
CONT_AWD_36C10G25K0007_3600_36C10G21D0001_3600 EXPRESS REPORT: SEPTEMBER FY 2024 Q4 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $28,136,823 |
CONT_AWD_75D30126C20710_7523_-NONE-_-NONE- WTCHP THIRD PARTY ADMINISTRATOR | GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC. Virginia | Department of Health and Human Services Centers for Disease Control and Prevention | — | FALLS CHURCH, VA-08 | 2026 | $27,906,759 |
CONT_AWD_36C10G25K0391_3600_36C10G21D0001_3600 EXPRESS REPORT: APRIL FY25 Q3 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $27,797,370 |
CONT_AWD_36C10G26K0265_3600_36C10G21D0001_3600 EXPRESS REPORT: FEBRUARY FY26 Q2 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2026 | $27,770,729 |
CONT_AWD_36C10G25K0396_3600_36C10G21D0001_3600 EXPRESS REPORT: MAY FY25 Q3 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $27,669,096 |
CONT_AWD_36C10G25K0017_3600_36C10G21D0001_3600 EXPRESS REPORT: NOVEMBER FY 2025 Q1 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $27,528,597 |
CONT_AWD_36C10G24K0135_3600_36C10G21D0001_3600 EXPRESS REPORT: AUGUST FY 2024 Q4 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2024 | $27,482,411 |
CONT_AWD_36C79124K0386_3600_36C79124D0011_3600 EXPRESS REPORT: PBM JULY 2024 | OPTUMRX ADMINISTRATIVE SERVICES, LLC Minnesota | Department of Veterans Affairs Department of Veterans Affairs | — | DENVER, CO-01 | 2024 | $27,305,509 |
CONT_AWD_36C10G25K0045_3600_36C10G21D0001_3600 EXPRESS REPORT: DECEMBER FY 2025 Q1 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $26,195,616 |
CONT_AWD_36C10G24K0108_3600_36C10G21D0001_3600 EXPRESS REPORT: APRIL FY24 Q3 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2024 | $26,173,775 |
CONT_AWD_36C10G25K0482_3600_36C10G21D0001_3600 EXPRESS REPORT: JUNE FY25 Q3 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $25,836,451 |
CONT_AWD_36C10G26K0255_3600_36C10G21D0001_3600 EXPRESS REPORT: JANUARY FY26 Q2 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2026 | $25,703,178 |
CONT_AWD_36C10G25K0590_3600_36C10G21D0001_3600 EXPRESS REPORT: JULY FY25 Q4 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2025 | $25,624,801 |
CONT_AWD_75FCMC18C0036_7530_-NONE-_-NONE- MEDICAL REVIEW ACCURACY CONTRACTOR PERFORMS ACCURACY REVIEWS ON MEDICAL REVIEW CONTRACTORS' WORK. | RELI GROUP INC Maryland | Department of Health and Human Services Centers for Medicare and Medicaid Services | — | CATONSVILLE, MD-07 | 2025 | $25,577,898 |
CONT_AWD_36C10G24K0057_3600_36C10G21D0001_3600 EXPRESS REPORT: OCTOBER FY24 | TRIWEST HEALTHCARE ALLIANCE CORP Arizona | Department of Veterans Affairs Department of Veterans Affairs | — | ANCHORAGE, AK-00 | 2024 | $25,540,052 |
Top 50 awards shown, ranked by obligated amount. Dates reflect performance period; last-modified dates match USAspending.gov. Complete listings include all transaction history going back to FY2024.
Top Funding Agencies
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Department of Veterans Affairs$1.55B
Department of Defense$970.5M
Department of Health and Human Services$290.9M
Pension Benefit Guaranty Corporation$208.3M
Department of Homeland Security$91.4M
Peace Corps$60.5M
Office of Personnel Management$52.9M
Department of the Treasury$33.8M
Department of State$14.8M
Department of Energy$7.6M
Top Recipients
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TRIWEST HEALTHCARE ALLIANCE CORP$755.6M
WISCONSIN PHYSICIANS SERVICE INSURANCE CORP.$594.8M
OPTUMRX ADMINISTRATIVE SERVICES, LLC$421.4M
INTERNATIONAL SOS GOVERNMENT SERVICES LLC$314.0M
SIGNATURE CHOICE II, LLC$205.3M
OPTUMSERVE TECHNOLOGY SERVICES, INC.$202.1M
SERCO INC$178.8M
SIGNATURE CHOICE, LLC$132.1M
HEALTHEQUITY, INC.$80.1M
INTERNATIONAL MEDICAL GROUP INC$74.6M
Spending by State
| State | Funding | Awards |
|---|---|---|
| Alaska | $755.8M | 35 |
| Colorado | $601.2M | 17 |
| Wisconsin | $595.3M | 9 |
| Pennsylvania | $329.7M | 8 |
| District of Columbia | $252.4M | 113 |
| Maryland | $232.8M | 13 |
| Virginia | $225.8M | 10 |
| Indiana | $74.6M | 5 |
| Utah | $63.9M | 103 |
| Georgia | $32.6M | 7 |
| Florida | $26.3M | 11 |
| Alabama | $18.7M | 4 |
| Texas | $16.8M | 27 |
| Kentucky | $16.6M | 7 |
| Minnesota | $13.0M | 3 |
| Montana | $8.0M | 1 |
| Washington | $7.9M | 11 |
| Illinois | $5.9M | 1 |
| New Mexico | $3.6M | 1 |
| New Jersey | $2.9M | 2 |
| North Carolina | $1.2M | 11 |
| California | $915K | 12 |
| Oregon | $780K | 12 |
| South Carolina | $733K | 2 |
| Iowa | $478K | 4 |
| Tennessee | $413K | 3 |
| Missouri | $383K | 3 |
| South Dakota | $282K | 7 |
| Kansas | $236K | 2 |
| Arizona | $225K | 1 |
| Ohio | $192K | 2 |
| Mississippi | $175K | 1 |
| Nevada | $167K | 8 |
| North Dakota | $145K | 2 |
| Nebraska | $138K | 3 |
| Hawaii | $23K | 1 |
| West Virginia | $6K | 1 |
| Idaho | $6K | 2 |
Source: USAspending.gov · All Industries