TRICARE Dual-Eligible Contract Awarded to Wisconsin Physicians Service for $32.8M for Claims Processing

Contract Overview

Contract Amount: $32,783,233 ($32.8M)

Contractor: Wisconsin Physicians Service Insurance Corp.

Awarding Agency: Department of Defense

Start Date: 2020-12-08

End Date: 2022-04-30

Contract Duration: 508 days

Daily Burn Rate: $64.5K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES.

Place of Performance

Location: MONONA, DANE County, WISCONSIN, 53713

State: Wisconsin Government Spending

Plain-Language Summary

Department of Defense obligated $32.8 million to WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. for work described as: TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES. Key points: 1. The TDEFIC contract focuses on claims processing and customer support for TRICARE beneficiaries. 2. Wisconsin Physicians Service Insurance Corp. is the incumbent contractor. 3. The contract was awarded under full and open competition, suggesting a competitive bidding process. 4. The sector is Defense Health, a critical area for military healthcare services.

Value Assessment

Rating: good

The contract value of $32.8 million over approximately 17 months appears reasonable for complex claims processing and customer support services. Benchmarking against similar TRICARE contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of the award suggests that taxpayer funds are being used efficiently through a process designed to secure favorable pricing for essential healthcare support services.

Public Impact

Ensures continued claims processing for dual-eligible TRICARE beneficiaries, maintaining access to healthcare benefits. Supports customer service operations, assisting beneficiaries with inquiries and issues related to their healthcare coverage. Maintains the operational integrity of the TRICARE program, a vital component of military healthcare.

Waste & Efficiency Indicators

Waste Risk Score: 64 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Defense Health sector, specifically related to third-party administration of insurance. Spending in this area is substantial, driven by the need to manage complex healthcare claims for military personnel and their families.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. The contract was awarded through full and open competition, suggesting that large businesses were likely the primary bidders.

Oversight & Accountability

The Department of Defense, through the Defense Health Agency, is responsible for overseeing this contract. Standard oversight mechanisms for contract performance and financial management are expected to be in place.

Related Government Programs

Risk Flags

Tags

pharmacy-benefit-management-and-other-th, department-of-defense, wi, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $32.8 million to WISCONSIN PHYSICIANS SERVICE INSURANCE CORP.. TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES.

Who is the contractor on this award?

The obligated recipient is WISCONSIN PHYSICIANS SERVICE INSURANCE CORP..

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Health Agency).

What is the total obligated amount?

The obligated amount is $32.8 million.

What is the period of performance?

Start: 2020-12-08. End: 2022-04-30.

What is the specific value proposition of Wisconsin Physicians Service Insurance Corp. that led to their selection in this competitive bid?

While the data confirms Wisconsin Physicians Service Insurance Corp. as the awardee, it does not detail their specific value proposition. Typically, in full and open competition, the winning offer demonstrates a balance of technical capability, past performance, and cost-effectiveness that best meets the government's requirements. Further analysis of the source selection decision document would be needed to identify the precise factors.

What are the potential risks associated with the short contract duration and the reliance on an incumbent contractor for critical claims processing?

A short contract duration (508 days) can lead to increased administrative burden for re-competition and potential disruption during contractor transitions. Relying on an incumbent, while offering continuity, might also reduce pressure for innovation and potentially lead to complacency if performance is not rigorously monitored. The government must ensure robust performance management to mitigate these risks.

How effectively does this contract ensure the efficient processing of claims and customer support for dual-eligible TRICARE beneficiaries?

The effectiveness hinges on the contractor's performance against contract requirements, which are not detailed here. The award under full and open competition suggests a belief that the chosen contractor can meet these needs efficiently. Ongoing monitoring of key performance indicators, such as claims processing times, accuracy rates, and customer satisfaction, is crucial to validate effectiveness.

Industry Classification

NAICS: Finance and InsuranceAgencies, Brokerages, and Other Insurance Related ActivitiesPharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

Product/Service Code: MEDICAL SERVICESOTHER MEDICAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: HT940212R0005

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1717 W BROADWAY, MADISON, WI, 53713

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $32,783,233

Exercised Options: $32,783,233

Current Obligation: $32,783,233

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: HT940214D0003

IDV Type: IDC

Timeline

Start Date: 2020-12-08

Current End Date: 2022-04-30

Potential End Date: 2022-04-30 00:00:00

Last Modified: 2025-01-10

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