HP wins $90M contract for health claims processing
- By David Hubler
- May 31, 2012
Hewlett-Packard Co. will continue assisting Oklahoma’s State and Education Employees Group Insurance Board’s claims processing and other services under a five-year contract valued at $90 million.
As the board’s third-party insurance administrator, HP Enterprise Services manages the agency’s health risk assessment program, providing online coaching and preventive care suggestions to help plan members better understand their health and how to improve it.
Under the terms of the contract, HP will help state deliver a range of health care administration services while helping it prepare for program changes in a cost-effective manner, according to a May 30 company announcement.
HP will continue to maintain and enhance the HP MetaVance health solution, which automates a number of administrative processes for the state.
In addition, the company will continue to update the member and provider portals that enable healthcare organizations to administer program benefits online and provide business process outsourcing services to support ongoing operations and new claims administration.
From its facilities in Oklahoma City, HP processes 3 million claims a year for more than 160,000 members and dependents, which includes state employees, teachers and retirees.
The new agreement takes effect Jan. 1, 2014.
Hewlett-Packard Co., of Palo Alto, Calif., ranks No. 7 on Washington Technology’s 2011 Top 100 list of the largest federal government contractors.
About the Author
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.