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  5. ›Pharmacy Benefit Manager

State of Montana, State Procurement Services Division (SPSD)·Montana

Pharmacy Benefit Manager

Closes 1/21/2026$5M – $20MRequest for Proposal
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Description

The State of Montana is seeking a Pharmacy Benefit Manager to provide services for the Health Care and Benefits Division. The selected vendor will be responsible for managing pharmacy benefits for the state's commercial and EGWP (Employer Group Waiver Plan) populations. The contract is expected to be for a period of three years, with an option to renew for an additional two years. The vendor will be required to provide a range of services, including claims processing, pharmacy network management, and clinical services. Key aspects of the job include: • Managing pharmacy benefits for the state's commercial and EGWP populations • Providing claims processing, pharmacy network management, and clinical services • Ensuring compliance with state and federal regulations • Providing customer service and support to plan participants • Managing and reporting on pharmacy benefit data

Attached files

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

Contact

Trenton Hatch(Procurement Contact)

[email protected]

(406) 444-3315

Key dates

Opened
12/8/2025
Closes
1/21/2026

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
HCBD-RFP-2026-0229TBH

Budget estimate

$5,000,000 – $20,000,000

The budget for this opportunity is likely to be in the range of $5 million to $20 million per year, based on industry standards for pharmacy benefit management services. The actual budget will depend on the specific services provided, the number of plan participants, and the terms of the contract. Factors that may influence the budget include the vendor's ability to manage pharmacy costs, improve health outcomes, and provide high-quality customer service.

AI estimate from the solicitation

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