Optum Presents Pharmacy Benefit Trends Through 2028
State Health Benefits Plan Design Committee | State of New JerseyState · NJ- Document date
- May 5, 2025
- Term
- Through 2028
- Renews
- Free account
The 30-second brief
Optum presented pharmacy benefit cost and utilization trends to the Commission. The company discussed formulary updates and plans through 2028 to reduce certain medication reauthorization requirements by approximately 25%.
OPTUM holds this contract with State Health Benefits Plan Design Committee | State of New Jersey. Its other public contracts on record include work for Fidalgo Park And Recreation District and Iberia Parish School District.
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Contract details
- Document date
- May 5, 2025
- Term
- Through 2028
- Renews
- Free account
- Vendor
- OPTUM
- Source document
- New Jersey School Employees’ Health Benefits Commission Minutes Open Session Minutes May 5, 2025 (Minutes)
OPTUM's other public contracts
More State Health Benefits Plan Design Committee | State of New Jersey contracts
Questions about this contract
Who was awarded the government contract by State Health Benefits Plan Design Committee | State of New Jersey?
OPTUM was awarded this government contract by State Health Benefits Plan Design Committee | State of New Jersey, as recorded on May 5, 2025.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in New Jersey School Employees’ Health Benefits Commission Minutes Open Session Minutes May 5, 2025 (Minutes), dated May 5, 2025 from State Health Benefits Plan Design Committee | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does OPTUM hold?
OPTUM may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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