The Government Accountability Office has dismissed nine protests filed by health insurers Health Net, Â UnitedHealth Military and Veterans and Wellpoint to challenge the Defense Health AgencyâsÂ TricareÂ services contract awards worth approximately $58 billion, Â Federal News RadioÂ reported Tuesday.
Jared Serbu writes GAOâs decision paves the way for HumanaÂ (NYSE: HUM) and Health Netâs federal services business to start work on theÂ contracts awarded in July to provide managed care services to Tricare program beneficiaries in the East and West regions.
Health Net did not disclose its reasons for the protest, according to the report.
âIn denying the protests, GAO concluded that the [Defense Health] Agencyâs evaluation was reasonable, consistent with the terms of the solicitation, and in accordance with procurement laws and regulations, â Ralph White, GAOâs managing associate general counsel for procurement law, said in a statement to Federal News Radio.
A GAO official said the agency plans to release a redacted version of the ruling within two weeks, Serbu reports.