The U.S. Centers for Medicare and Medicaid Services has awarded Booz Allen Hamilton (NYSE: BAH) a potential five-year, $202 million contract to perform system integration work on federally-run health insurance exchanges.
Booz Allen said Monday it will help CMS coordinate governance and technical operations for HIX systems and ensure the marketplaces comply with healthcare laws.
Kristine Martin Anderson, a Booz Allen senior vice president, said the company will work with other government agencies and insurance firms to implement health exchanges throughout the U.S.
CMS and Booz Allen will also collaborate to update HIX guidelines, technology and processes, as well as manage the program’s annual open enrollment.
The contract contains a one-year base period and options that could extend work through July 2020.