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Pharmacy Benefit Claims Monitoring Services

Overview


Financial, Legal, HR & Staffing
Frankfort, Kentucky, United StatesPosted: August 20, 2026Deadline: September 4, 2026

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SUMMARY


The opportunity seeks a vendor to review all pharmacy benefit claims for a public employee health insurance program, identify billing and payment errors, and reduce overpayments. The work also includes assessing the competitiveness and adequacy of pharmacy payments.

KEY REQUIREMENTS


CONTRACT DURATION


21 months

TIMELINE


Release of RFP: August 19th, 2026

Written Questions due by: August 26th, 2026

Anticipated Commonwealth Response to Written Questions: August 28th, 2026

Proposals Due by: September 4th, 2026

QUESTION DEADLINE


August 26, 2026

CONTACTS


Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

Issuing Agency


Commonwealth Of Kentucky, Personnel Cabinet, Department Of Employee Insurance

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DESCRIPTION


The contracting entity seeks vendor services to monitor all pharmacy benefit claims for individuals enrolled in the public employee health insurance program. The services will assess whether pharmacy claims were billed, charged, and paid in accordance with applicable contractual terms and plan designs.

The engagement includes analyzing 100% of pharmacy invoices or claims submitted for payment, including claims submitted on or after July 1, 2026. The selected vendor will identify and correct claim errors to help prevent or reduce erroneous overpayments by contracted entities. The work will also evaluate the market competitiveness of pharmacy benefit payments, including the adequacy of payments made to pharmacies.

All questions must be submitted no later than August 25, 2026. The proposal deadline is September 4, 2026.

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Frequently asked questions


When is the submission deadline?
Submissions are due September 4, 2026. Questions must be submitted by August 26, 2026.
Who issued this RFP?
It was issued by Commonwealth Of Kentucky, Personnel Cabinet, Department Of Employee Insurance. The work is located in Frankfort, Kentucky, United States.
Who is a good fit for this opportunity?
  • Pharmacy benefit auditing and claims-monitoring specialists
  • Experience reviewing large-scale healthcare claims and invoices
  • Expertise in contractual compliance, plan design analysis, and overpayment recovery
  • Knowledge of pharmacy reimbursement markets and payment adequacy
  • Ability to analyze 100% of submitted pharmacy claims using robust data-review systems

Analysis generated by Settle AI from the source RFP.

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Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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