TDEFIC Contract: $70M for TRICARE Dual-Eligible Claims Processing by Wisconsin Physicians Service

Contract Overview

Contract Amount: $69,941,045 ($69.9M)

Contractor: Wisconsin Physicians Service Insurance Corp.

Awarding Agency: Department of Defense

Start Date: 2017-12-11

End Date: 2018-12-31

Contract Duration: 385 days

Daily Burn Rate: $181.7K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIXED PRICE LEVEL OF EFFORT

Sector: Healthcare

Official Description: IGF::OT::IGF TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES.

Place of Performance

Location: MONONA, DANE County, WISCONSIN, 53713

State: Wisconsin Government Spending

Plain-Language Summary

Department of Defense obligated $69.9 million to WISCONSIN PHYSICIANS SERVICE INSURANCE CORP. for work described as: IGF::OT::IGF TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES. Key points: 1. The contract focuses on claims processing and customer support for TRICARE dual-eligible beneficiaries. 2. Wisconsin Physicians Service Insurance Corp. is the incumbent contractor. 3. The contract was awarded under full and open competition. 4. The total value is approximately $70 million over its period of performance.

Value Assessment

Rating: good

The contract value of $70M appears reasonable for claims processing and support services for a specific beneficiary group. Benchmarking against similar large-scale health insurance administration contracts would provide further context.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a robust process for price discovery and selection of the most advantageous offer. This method generally leads to competitive pricing.

Taxpayer Impact: Competitive bidding under full and open competition aims to secure fair pricing, maximizing taxpayer value for essential healthcare support services.

Public Impact

Ensures critical claims processing for TRICARE beneficiaries eligible for both Medicare and Medicaid. Supports a vital segment of the military healthcare system, impacting beneficiary access to services. The contract's performance directly affects the efficiency and accuracy of payments to healthcare providers.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the broader IT and healthcare administration sector, specifically focusing on third-party administration of insurance. Spending in this area is substantial, driven by the complexity of healthcare claims and the need for efficient processing systems.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. The contract was awarded to Wisconsin Physicians Service Insurance Corp., a large entity, suggesting limited direct opportunities for small businesses as prime contractors on this specific award.

Oversight & Accountability

The contract was awarded by the Department of Defense through the Defense Health Agency, indicating established oversight mechanisms. Further review of IG reports or contract performance reviews would be needed to assess the effectiveness of oversight.

Related Government Programs

Risk Flags

Tags

pharmacy-benefit-management-and-other-th, department-of-defense, wi, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $69.9 million to WISCONSIN PHYSICIANS SERVICE INSURANCE CORP.. IGF::OT::IGF TRICARE DUAL-ELIGIBLE FISCAL INTERMEDIARY CONTRACT (TDEFIC) PROVIDES CLAIMS PROCESSING AND ASSOCIATED CUSTOMER SUPPORT SERVICES.

Who is the contractor on this award?

The obligated recipient is WISCONSIN PHYSICIANS SERVICE INSURANCE CORP..

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Health Agency).

What is the total obligated amount?

The obligated amount is $69.9 million.

What is the period of performance?

Start: 2017-12-11. End: 2018-12-31.

What is the specific performance metric for claims processing accuracy and timeliness under this contract?

The provided data does not detail specific performance metrics. However, for a contract of this nature, key performance indicators would typically include claims processing accuracy rates (e.g., percentage of claims processed correctly), timeliness of processing (e.g., average days to process claims), and customer satisfaction scores for support services. These metrics are crucial for ensuring efficient and effective healthcare benefit delivery.

What is the risk of service disruption if the incumbent contractor faces operational challenges?

There is a moderate risk of service disruption if the incumbent contractor, Wisconsin Physicians Service Insurance Corp., faces significant operational challenges. As the sole provider for these specific services under this contract, any major disruption could impact claims processing and beneficiary support. Mitigation strategies typically involve robust contingency planning by the contractor and close monitoring by the contracting agency.

How does the pricing structure (Fixed Price Level of Effort) ensure cost-effectiveness for the government?

A Fixed Price Level of Effort (FPLE) contract aims for cost-effectiveness by establishing a fixed price for a defined scope of work and a specified level of effort. This structure provides cost certainty for the government, as the contractor is obligated to complete the work within the agreed-upon budget and effort. However, it relies on accurate estimation of the effort required; if the effort significantly exceeds projections, the contractor may absorb the loss, or if it's less, the government may overpay for the actual effort expended.

Industry Classification

NAICS: Finance and InsuranceAgencies, Brokerages, and Other Insurance Related ActivitiesPharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

Product/Service Code: MEDICAL SERVICESOTHER MEDICAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIXED PRICE LEVEL OF EFFORT (B)

Evaluated Preference: NONE

Contractor Details

Address: 1717 W BROADWAY, MADISON, WI, 53713

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $69,941,045

Exercised Options: $69,941,045

Current Obligation: $69,941,045

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: HT940214D0003

IDV Type: IDC

Timeline

Start Date: 2017-12-11

Current End Date: 2018-12-31

Potential End Date: 2018-12-31 00:00:00

Last Modified: 2025-04-26

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