Vermont Department of Economic Development #68761

Prescription Drug Claims Analytics

The Vermont Department of Human Resources awarded Remedy Analytics, Inc. a contract to review and analyze the prescription drug plans offered to state employees and retirees. The contract aims to identify potential savings, recommend improvements, and negotiate with Pharmacy Benefit Managers to maximize savings within the State Employee Health Insurance Plan. The procurement was conducted through a Request for Proposal process, with the award date set for January 1, 2026. Remedy Analytics, Inc., located in Milwaukee, Wisconsin, is the awardee. The contract covers services on a state-wide basis, with the procurement managed by the Vermont Department of Human Resources at 120 State Street, Montpelier, VT. The award is categorized under consultant services, with NAICS code unspecified, and the relevant location category is 'state.' The procurement process was initiated via the Vermont Business Registry portal, with a response deadline of September 4, 2025. Potential competitors for similar awards include companies specializing in healthcare analytics and pharmacy benefit management.

Description

Contract to provide services to review and analyze the current prescription drug plan(s) offered to State employees and retirees in the State Employee Health Insurance Plan, to find potential savings, recommend contract improvements, and negotiate with Pharmacy Benefit Managers to maximize savings.

View original record