Supplemental Medicare Insurance (3211)

The Virginia State Contract CTR032053 is an Indefinite Delivery Vehicle (IDV) designed to provide comprehensive healthcare and health insurance services for Hanover County. This contract enables the procurement of medical coverage, healthcare administration, and related insurance products through a strategic partnership with the prime contractor. The IDV is structured to support local government healthcare needs, offering flexible acquisition of health-related services and solutions that can be leveraged by county agencies and potentially other local governmental entities.

Humana Inc. has been awarded the prime contract for this IDV, with Hanover County serving as the contracting organization. The contract is geographically limited to Virginia and has a five-year performance period from January 1, 2025, to December 31, 2029. While specific contract value details are not provided, the IDV appears to be a multi-year indefinite delivery, indefinite quantity (IDIQ) type contract that allows for streamlined procurement of health insurance and related services. The contract's structured approach provides Hanover County with a pre-negotiated mechanism to efficiently acquire healthcare solutions as needed throughout the designated contract term.