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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

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

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.

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