Serco has received a contract from the Facilities for Medicare and Medicaid Providers to proceed supporting eligibility determinations for residents shopping for medical insurance via the Federal Well being Insurance coverage Exchanges.
Valued at $690 million if all choice intervals are exercised, the contract runs for 4 years and 7 months and has a 1-year base interval and 4 choice intervals. Work is slated to start out July 1.
“We’re grateful for the belief CMS has positioned in us to proceed to ship these very important eligibility companies constructing on the value-based relationship we’ve shaped since commencing these companies in 2013,” mentioned Mark Irwin, Serco Group chief government.
“Throughout this time, we’ve assisted tens of hundreds of thousands of Individuals on their well being journey, and as an influence companion to CMS, we’re totally dedicated to steady enchancment in citizen expertise and delivering our case administration experience in help of the strategic objectives of our buyer.”
Beneath the contract, Serco will assist certified residents obtain medical insurance via the Reasonably priced Care Act by supporting operational companies, buyer help, knowledge analytics and program administration, all aimed toward repeatedly enhancing service supply and program integrity.