logo
Share SHARE
FONT-SIZE Plus   Neg

UnitedHealthcare Secures TRICARE West Region Managed Care Support Contract

UnitedHealthcare, a UnitedHealth Group (UNH) company, said its Military & Veterans Services business unit has been granted the Department of Defense's TRICARE Managed Care Support contract to provide health care services for active duty and retired military service members and their families in the West Region. The administrative services contract is worth $1.4 billion.

UnitedHealth Military & Veterans Services will be the Managed Care Support contractor serving nearly 2.9 million TRICARE beneficiaries in Alaska, Arizona, California, Colorado, Hawaii, Idaho, Iowa excluding Rock Island Arsenal area, Kansas, Minnesota, Missouri, excluding the St. Louis area, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oregon, South Dakota, portions of Texas including El Paso, Utah, Washington and Wyoming.

The contract includes a transition period and five one-year option periods for health care operations. The first year of operations is anticipated to begin April 1, 2013.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents. Non-traditional discount and variety stores operator Big Lots Inc. (BIG) Friday reported a decline in net profit for the second quarter, while net sales grew 1.2 percent from the prior year. Comparable sales for the quarter increased 2.8 percent. Google has rejected the European Union's charges that it abused its market power and the demanded that it change the way it ranks online comparison shopping services in its search results, setting up a potentially long legal battle with the EU regulator empowered to levy billions of euros in fines
comments powered by Disqus
RELATED NEWS
Trade UNH now with 
Follow RTT