Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Medicare Planning

WellPoint Wins Medicare Contract

Your article was successfully shared with the contacts you provided.

The Centers for Medicare & Medicaid Services has awarded an administrative contract for the jurisdiction that includes Connecticut and New York.

The CMS has picked a unit of WellPoint Inc., Indianapolis, to handle the contract.

WellPoint’s National Government Services Inc. will handle tasks such as claims processing, medical review and appeals for the Medicare Part A hospitalization program and the Medicare Part B physician services program.

The CMS has awarded a contract with 1 base year and 4 1-year options.

The contract could be worth as much as $323 million over a 5-year period, WellPoint says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.