CGI Federal to Develop Health Insurance Marketplace Under Affordable Care Act

CGI Federal has won a Centers for Medicare & Medicaid Services contract worth up to $93.7 million to build a health insurance exchange that is federally-facilitated, the company announced today.

The contract to build Federal Exchange was awarded by CMS’ Center for Consumer Information and Insurance Oversight. It has a two-year base value of $55.7 million with three one-year options.

CGI said the exchange is required underneath a provision in the Affordable Care Act which mandates a new competitive health insurance marketplace for states and territories.

The company said it will work with the CCIIO on the exchange, which is intended to extend insurance coverage to an additional 34 million Americans. It will help more citizens “shop and obtain” healthcare, said Cheryl Campbell, senior vice president of CGI.

Share this story...Tweet about this on Twitter17Share on LinkedIn0Share on Facebook125Share on Google+0Email this to someone
Filed in: Healthcare IT Tags: , , , , , ,

You might like:

Xerox to Update New York’s Medicaid Claims Processing System; Dave Hamilton Comments Xerox to Update New York’s Medicaid Claims Processing System; Dave Hamilton Comments
HP Signs New Arkansas Medicaid Info System Mgmt Contract; Susan Arthur Comments HP Signs New Arkansas Medicaid Info System Mgmt Contract; Susan Arthur Comments
Neville Pattinson: Smart Cards Offer 2-Factor Authentication Technology for Gov’t Services Neville Pattinson: Smart Cards Offer 2-Factor Authentication Technology for Gov’t Services
TechNavio: Global Healthcare IT Market to Grow at 5.7% CAGR in 2014-2018 TechNavio: Global Healthcare IT Market to Grow at 5.7% CAGR in 2014-2018
© 2015 ExecutiveBiz. All rights reserved.