Health and Welfare Funds

Code 525120
Child
Popular Federal Contract Opportunities
Not listed
Popular Federal Contract Awards
Not listed

The NAICS code 525120 encompasses Health and Welfare Funds, which primarily focus on providing health insurance, medical coverage, workers' compensation, and related human resources support services for government personnel stationed domestically and internationally. These services typically include health and dental insurance administration, medical benefits management, payroll processing, and supplemental healthcare coverage for locally employed staff and U.S. government employees. The scope of work involves comprehensive insurance and benefits management to support diplomatic missions, embassy operations, and federal agency personnel needs across various international and domestic locations.

Federal Contract Awards under this NAICS code demonstrate a consistent pattern of delivery orders and purchase orders, primarily issued by the U.S. Department of State's various bureaus, including the Bureau of Western Hemisphere Affairs, Bureau of European and Eurasian Affairs, and Bureau of African Affairs. Typical contract values range from approximately $10,000 to $2.4 million, with performance periods spanning from a few months to a year. Frequently awarded entities include SUL America Companhia De Seguros Saude, Edenred Belgium, Metlife A.E.A.Z., and American Life Insurance Co (Dubai Branch). These contracts are consistently awarded on a full and open competition basis with no specific set-aside designations, and performance locations span multiple countries including the United States, Belgium, Chile, Australia, United Arab Emirates, and various African nations.

No specific Federal Contract Opportunities were included in the provided dataset for this NAICS code. The summary is based solely on the existing federal contract award information, which consistently demonstrates a focus on health insurance, medical services, and human resources support for government personnel across international locations.

Generated 1/18/25, 12:16 AM