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  5. ›Pharmacy Benefit Manager (PBM) & Alternate Rx Funding…

Leander ISD·Texas

Pharmacy Benefit Manager (PBM) & Alternate Rx Funding Programs

Closes 5/28/2026$500k – $5MRequest for Proposal
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Description

The Leander ISD is seeking a Pharmacy Benefit Manager (PBM) and/or alternate Rx funding programs to provide services related to pharmacy benefits. The district has a self-funded medical plan and a carved-out pharmacy benefit manager, and is looking for proposals that include one option that matches the current plan design and formulary as closely as possible. The proposal pricing should not be based on the number of plan options available, plan design, or Medical TPA partnership. • The contract is for pharmacy benefit management services • The district is not seeking brokerage/consultant services • Proposals should include one option that matches the current plan design and formulary as closely as possible • The district reserves the right to change, add or remove plan options on an annual basis • The district is subject to Texas Education Association (TEA) rules

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Mary Ann Noble

[email protected]

(512) 5700606

Key dates

Opened
5/11/2026
Questions due
5/18/2026
Closes
5/28/2026

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
525140
Solicitation №
26016M31

Budget estimate

$500,000 – $5,000,000

The budget for this opportunity is difficult to estimate without knowing the specific details of the contract, such as the number of employees and dependents covered, the types of pharmacy services required, and the pricing structure of the proposals. However, based on industry benchmarks, the annual cost of pharmacy benefit management services for a self-funded medical plan can range from $500,000 to $5 million or more, depending on the size of the plan and the scope of services. Factors that may influence the likely payment range include the number of plan participants, the types of pharmacy services required, and the level of competition among bidders.

AI estimate from the solicitation

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