MPSERS continues pharmacy benefit management with Optum Rx
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Description
The Michigan Public School Employees’ Retirement System continues its managed prescription drug program with Optum Rx, which administers pharmacy benefits, specialty drug management, and various clinical programs for Medicare and Non-Medicare members in 2024. The report highlights significant plan-paid drug expenditures, utilization trends, and savings from Optum Rx clinical interventions without specifying contract value or term end date.
Contract Details
Vendor
OPTUM RX
Agency
Michigan Department of Technology, Management and Budget|Michigan Public School Employees Retirement Board, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
July 17, 2025
Contract Term
Calendar Year 2024 (services reported; ongoing relationship as of July 17, 2025)
Renewal Info
The document is an outcomes report for calendar year 2024 and implies an ongoing PBM services contract between MPSERS and Optum Rx but provides no explicit renewal or extension terms.
More from OPTUM RX
Issuing Agency
State
Lansing, MI
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