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  5. ›Pharmacy Benefit Management Services Request for Proposals…

North Carolina State Health Plan for Teachers and State Employees·North Carolina

Pharmacy Benefit Management Services Request for Proposals Number 270-20260216PBMS

Closes 3/2/2026$50M – $200MRequest for Proposal
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Description

The North Carolina State Health Plan for Teachers and State Employees is seeking a vendor to provide Pharmacy Benefit Management (PBM) services. The RFP is divided into three modules: Claims Processing, Customer Service, and Retail Network; Formulary Strategy, Utilization Management, and Rebate Administration; and Specialty and Mail Order Pharmacy Services. Vendors may respond to one, two, or all three modules. The contract term is 53.5 months, with an option to renew for up to two additional one-year terms. The Plan is looking for a vendor that can provide transparency, flexibility, and aligned incentives. Key aspects of the job include: • Providing PBM services to the Plan's approximately 572,000 self-funded members • Managing claims processing, customer service, and retail network • Developing and implementing formulary strategy, utilization management, and rebate administration • Providing specialty and mail order pharmacy services • Ensuring transparency and flexibility in the PBM program • Aligning incentives with the Plan's goals and objectives

Attached files

Contact

Antonio Leathers(Contracting Agent)

[email protected], [email protected]

(919) 814-4432

Key dates

Opened
2/16/2026
Closes
3/2/2026
Duration
53.5 months

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
Doc1987736072

Budget estimate

$50,000,000 – $200,000,000

The budget for this contract is likely to be substantial, given the large number of members (approximately 572,000) and the scope of services required. The exact budget will depend on the vendor's proposed costs and the Plan's budget. However, as a rough estimate, the total contract value could be in the range of $50 million to $200 million per year, considering the average annual cost of pharmacy benefit management services per member. This is a rough estimate and may vary based on various factors, including the vendor's pricing, the Plan's utilization, and the overall market conditions.

AI estimate from the solicitation

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