WPS retains $484 million government contract

Finance and Related Services

WPS Health Insurance announced on Friday, that it has secured a $484 million major government contract award renewal over six years that will help up hold various hundred jobs.

The contract renewal will facilitate WPS to carry out its administrative activities of TRICARE for Life, a Medicare supplement program that serves about 2 million military retirees over the age of 65.

According to the company official, the partner program accounts for about 11 per cent of WPS’ total revenue.Read complete story at http://www.tendersontime.com/blog-detail/wps-retains-484-million-government-contract-174.php