Contract MA240000001367
Active State & local contract Michigan Awarded
- Contract number
- MA240000001367
- Awardee
- MERIDIAN HEALTH PLAN OF MICHIGAN
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $9,890,985,800
- End date
- Points of contact
-
- Jennifer Therrien terrienj1@michigan.gov (517) 284-1145
- Marissa Gove govem1@michigan.gov (517) 449-8952
Contract details come from michigan.gov. Updated .
About this contract
This Indefinite Delivery Vehicle provides comprehensive managed care health services through a Medicaid managed care arrangement administered by the Michigan Department of Health and Human Services. The contract encompasses the delivery of health care coverage and related services across six designated regions (Regions 4, 5, 6, 8, 9, and 10) throughout Michigan. Covered services include medical benefits, pharmacy services, dental services, and behavioral health integration, with specific requirements for value-based payment arrangements, quality performance metrics, and provider network development. The IDV establishes per-member-per-month capitation-based reimbursement with mandatory value-based care thresholds, prior authorization processes, and Community Reinvestment Obligations requiring contractors to invest a portion of profits in community-based organizations addressing social determinants of health, particularly food insecurity initiatives.
Meridian Health Plan of Michigan serves as the prime contractor under this contract administered by the Michigan Department of Technology, Management and Budget. The initial contract period runs from October 1, 2024, through September 30, 2029, with three one-year renewal options available. This Medicaid managed care contract is valued at $9,890,985,800.00 with payment terms of Net 45 days. The contract incorporates extensive reporting, compliance, and accreditation requirements, including NCQA accreditation maintenance, financial reporting, encounter data submission, and program integrity activities, with a two-sided risk corridor arrangement allowing for shared profits or losses based on performance metrics and cost management outcomes.
Files
| File | Type | Posted |
|---|---|---|
| 240000001367.pdf |
Quick answers
Who holds contract MA240000001367?
Contract MA240000001367 was awarded to MERIDIAN HEALTH PLAN OF MICHIGAN by Department Technology, Management and Budget in Michigan on October 1, 2024.
How much is contract MA240000001367 worth?
Its cumulative value is $9,890,985,800.
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