Author: Jane Edwards|| Date Published: November 15, 2016
The Government Accountability Office has dismissed nine protests filed by health insurers Health Net, UnitedHealth Military and Veterans and Wellpoint to challenge the Defense Health Agencys Tricare services contract awards worth approximately $58 billion, Federal News Radio reported Tuesday.
Jared Serbu writes GAOs decision paves the way for Humana (NYSE: HUM) and Health Nets federal services business to start work on the 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.
In denying the protests, GAO concluded that the [Defense Health] Agencys evaluation was reasonable, consistent with the terms of the solicitation, and in accordance with procurement laws and regulations, Ralph White, GAOs 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.
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