Summary
This Request for Proposal (Solicitation 26000000008) issued by the Retirement Systems of Alabama seeks a fully‑insured Medicare Part D EGWP Pharmacy Benefit Manager to administer pharmacy benefits for the Public Education Employees’ Health Insurance Plan (PEEHIP) retirees and dependents nationwide. The PBM must provide end‑to‑end services including claims adjudication, formulary management, network pharmacy oversight, member communications, data reporting, and compliance with CMS and state regulations while meeting performance guarantees and reporting requirements. The base contract term is one year with up to three one‑year renewal options, will cover an estimated ~81,000 Medicare‑eligible retirees and dependents, and the posted bid deadline is July 13, 2026.