Treasurer of State | State of Arkansas Awards Insurance Contract to BLUEADVANTAGE (June 2026)

The State Board of Finance approved BlueAdvantage’s new health insurance contract as the State’s medical claims third-party administrator. The seven-year estimated cost is $418.578 million, with an initial three-year term and rate discussions for years four through seven.

Document date · June 2, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$418,578,000 total estimated cost over seven years

Contract type

INSURANCE

Contract term

Initial term of three years; rate discussion for years four through seven

Renewal date

2029-06-02

Renewal

Initial three-year term with rate discussions required for years four through seven.

Document type

Minutes

Source document

State Board of Finance Minutes of Meeting June 2, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Treasurer of State | State of Arkansas?

BLUEADVANTAGE was awarded this insurance contract by Treasurer of State | State of Arkansas, as recorded on June 2, 2026. The contract value is $418,578,000 total estimated cost over seven years.

How much is the BLUEADVANTAGE contract with Treasurer of State | State of Arkansas worth?

The BLUEADVANTAGE contract with Treasurer of State | State of Arkansas is valued at $418,578,000 total estimated cost over seven years, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record.

Where was this contract approved?

This contract appears in State Board of Finance Minutes of Meeting June 2, 2026 (Minutes), dated June 2, 2026 from Treasurer of State | State of Arkansas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BLUEADVANTAGE hold?

BLUEADVANTAGE 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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What is Treasurer of State | State of Arkansas currently buying?

Explore Treasurer of State | State of Arkansas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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