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  5. ›Statutory Exam of CarelonRx, Inc.

West Virginia Offices of the Insurance Commissioner·West Virginia

Statutory Exam of CarelonRx, Inc.

Closes 6/2/2025$50k – $200kRequest for Quotation
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Description

The Offices of the Insurance Commissioner in West Virginia are seeking a vendor to perform statutory and market conduct examinations of pharmacy benefit managers, specifically CarelonRx, Inc. The examination will be conducted in compliance with W. Va. Code 33-2-9 and in accordance with the Pharmacy Benefit Managers Act and the Health Benefit Plan Network Access and Adequacy Act. The scope of work includes performing financial accounting services. • The vendor will be required to comply with all terms and conditions contained in the solicitation. • The vendor will be required to provide financial accounting services. • The vendor will be required to perform statutory and market conduct examinations of pharmacy benefit managers. • The vendor will be required to comply with W. Va. Code 33-2-9 and the Pharmacy Benefit Managers Act and the Health Benefit Plan Network Access and Adequacy Act.

Attached files

Contact

Beverley Toney(Purchasing Manager)

[email protected]

(304) 414-8473

Key dates

Opened
4/28/2025
Questions due
5/12/2025
Closes
6/2/2025

Last updated

Details

Type
Request for Quotation
Industry
Insurance
NAICS
524110
Solicitation №
ARFQ-0704-INS2500000012-1

Budget estimate

$50,000 – $200,000

Based on the information provided, it is difficult to estimate the exact budget for this project. However, considering the scope of work and the fact that it is a statutory exam, the budget is likely to be in the range of $50,000 to $200,000. This estimate is based on the assumption that the project will require a significant amount of time and expertise from the vendor, and the insurance commissioner's office is likely to pay a premium for these services. Factors that may influence the likely payment range include the complexity of the examination, the number of personnel required, and the duration of the project.

AI estimate from the solicitation

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