business
Health Net Tricare contract extended temporarily
NEWS IN BRIEF — Posted Jan. 25, 2010
Health Net has won a temporary extension of its current Tricare contract through at least March 31, 2011.
Health Net manages Tricare benefits for active service members, their families and survivors in the North region, one of three areas by which Tricare contracts managed care services.
Tricare officials are deciding whether to disqualify Aetna, the original winner of the next five-year contract. The government is investigating whether Aetna had an unfair competitive advantage during the bid process.
Humana, which administers benefits in the South region, also won a contract extension through March 2011 as it awaits Tricare's action over the South region's next contract, which also fell under dispute. That originally was awarded to UnitedHealth Group.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2010/01/25/bibf0125.htm.
