The CMS' Center for Consumer Information and Insurance Oversight awarded a contract to build the federally facilitated health insurance exchange to information technology company CGI Federal, a wholly owned subsidiary of Fairfax, Va.-based CGI Group, according to a company news release.
CGI wins CMS contract for insurance exchange
The $55.7 million base contract is for two years, and the total contract, including three optional, one-year renewal periods, is worth an estimated $93.7 million.
The federal insurance exchanges that CGI will help create are authorized under the Patient Protection and Affordable Care Act of 2010, which requires federal exchanges in any state that does not establish its own qualifying version by 2014. The state-based exchanges are a major provision of the 2010 healthcare law and are expected to provide coverage to about half of the estimated 32 million Americans who will gain coverage through the law. Last month, CGI announced that it had won an $8.9 million CMS contract to build and implement a health insurance comparison tool for the government's Hospital Compare website.
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