HHS awards $328.7M to CGS Administrators for Direct Health and Medical Insurance Carriers

Contract Overview

Contract Amount: $328,732,726 ($328.7M)

Contractor: CGS Administrators, LLC

Awarding Agency: Department of Health and Human Services

Start Date: 2010-07-08

End Date: 2016-02-29

Contract Duration: 2,062 days

Daily Burn Rate: $159.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: COST PLUS AWARD FEE

Sector: Healthcare

Official Description: TAS::75 0511::TAS J15 A/B MAC

Place of Performance

Location: NASHVILLE, DAVIDSON County, TENNESSEE, 37228

State: Tennessee Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $328.7 million to CGS ADMINISTRATORS, LLC for work described as: TAS::75 0511::TAS J15 A/B MAC Key points: 1. The contract value of $328.7M over 2062 days indicates a significant investment in health insurance carrier services. 2. Competition was full and open, suggesting a competitive bidding process for this contract. 3. The contract type is Cost Plus Award Fee, which incentivizes performance but can lead to higher costs if not managed carefully. 4. The sector is Healthcare, specifically focusing on Direct Health and Medical Insurance Carriers.

Value Assessment

Rating: fair

The contract value of $328.7M over approximately 5.6 years suggests an average annual spend of around $58.7M. Benchmarking this against similar contracts for direct health and medical insurance carriers would be necessary for a precise valuation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically leads to better price discovery and potentially lower costs for the government. The use of a Definitive Contract structure implies a well-defined scope of work.

Taxpayer Impact: Full and open competition generally benefits taxpayers by fostering a competitive environment that can drive down prices and improve service quality.

Public Impact

Impacts millions of individuals relying on Medicare and other health insurance programs administered by CMS. Ensures the continuity of essential health insurance carrier services for beneficiaries. Potential for improved efficiency and effectiveness in health insurance administration through performance incentives.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Healthcare sector, specifically supporting the administration of health insurance programs. Spending in this area is substantial due to the scale of government health initiatives like Medicare and Medicaid.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. Further analysis would be needed to determine the extent of small business participation in the subcontracting process.

Oversight & Accountability

The Centers for Medicare and Medicaid Services (CMS) is responsible for overseeing this contract. Robust oversight is crucial for Cost Plus Award Fee contracts to ensure performance targets are met and costs are controlled.

Related Government Programs

Risk Flags

Tags

direct-health-and-medical-insurance-carr, department-of-health-and-human-services, tn, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $328.7 million to CGS ADMINISTRATORS, LLC. TAS::75 0511::TAS J15 A/B MAC

Who is the contractor on this award?

The obligated recipient is CGS ADMINISTRATORS, LLC.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (Centers for Medicare and Medicaid Services).

What is the total obligated amount?

The obligated amount is $328.7 million.

What is the period of performance?

Start: 2010-07-08. End: 2016-02-29.

What specific services are covered under this contract, and how do they align with CMS's mission?

This contract, awarded to CGS Administrators, LLC, focuses on Direct Health and Medical Insurance Carriers. These services are crucial for the day-to-day operations of CMS, likely involving claims processing, provider network management, and beneficiary support for programs like Medicare. The alignment with CMS's mission is direct, as it ensures the efficient and effective delivery of health insurance benefits to millions of Americans.

What are the key performance indicators (KPIs) for the 'Award Fee' component, and how are they measured?

The specific Key Performance Indicators (KPIs) for the 'Award Fee' component are not detailed in the provided data. Typically, for Cost Plus Award Fee contracts, KPIs would relate to service delivery timeliness, accuracy in claims processing, beneficiary satisfaction, and compliance with regulations. CMS would have established a detailed performance plan outlining these metrics and the methodology for assessing CGS Administrators' performance against them to determine the award fee.

How does the $328.7M contract value compare to historical spending on similar insurance carrier services?

The $328.7M contract value over approximately 5.6 years represents an average annual spend of roughly $58.7M. To assess its comparability, one would need to analyze historical spending data for similar contracts managed by CMS or other federal agencies providing direct health and medical insurance carrier services. Factors like inflation, program expansion, and changes in service scope would need to be considered for an accurate benchmark.

Industry Classification

NAICS: Finance and InsuranceInsurance CarriersDirect Health and Medical Insurance Carriers

Product/Service Code: SOCIAL SERVICESSOCIAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 5

Pricing Type: COST PLUS AWARD FEE (R)

Evaluated Preference: NONE

Contractor Details

Parent Company: Blue Cross & Blue Shield of South Carolina

Address: 2 VANTAGE WAY, NASHVILLE, TN, 37228

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $377,405,099

Exercised Options: $377,405,099

Current Obligation: $328,732,726

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Timeline

Start Date: 2010-07-08

Current End Date: 2016-02-29

Potential End Date: 2023-04-23 00:00:00

Last Modified: 2023-04-24

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