Health Savings Account Administration Services

Master Agreement CTR049624 provides access to financial services and related administrative support solutions through OptumHealth Financial Services. This IDV enables Arizona state agencies and eligible organizations to procure specialized financial services, benefits administration, and related operational support functions. The contract vehicle is designed to streamline procurement processes and provide standardized financial solutions across the state's various departments and agencies, ensuring consistent service delivery and pricing structures for financial management needs.

Optum, through its OptumHealth Financial Services division, serves as the prime contractor for this master agreement, with the Arizona Department of Administration functioning as the contracting organization. The contract was awarded on May 7, 2020, and maintains a period of performance through December 31, 2021. This master agreement covers the state of Arizona and operates under a master agreement contract type, providing a framework for task orders and specific service requests throughout the contract period.