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Financial Planning > UHNW Client Services > Family Office News

TriCare Renews $2.6 Billion Dental Contract

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NU Online News Service, April 7, 2005, 4:51 p.m. EDT

The Department of Defense has renewed a huge voluntary dental benefit contract with United Concordia Inc.[@@]

United Concordia, a unit of Highmark Inc., Harrisburg, Pa., has been providing voluntary dental benefits for members of the Defense Department’s TriCare benefits program since 1996.

The new, 5-year contract renewal serves 1.7 million program members around the world and has a value of about $2.6 billion, United Concordia says. A team of 240 United Concordia employees administers the TriCare voluntary dental program.

TriCare is a benefits program that serves relatives of active-duty military personnel, some active-duty military personnel and some reserve unit members and dependents.


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