State of Colorado Awards Health Insurance Buy-In Program Contract to HMS
HMS, a wholly owned subsidiary of HMS Holdings Corp. (NASDAQ: HMSY), announced today that it has been awarded a contract by the State of Colorado, Department of Health Care Policy and Financing (Department), to administer the State's Health Insurance Buy-In (HIBI) Program—a health insurance premium payment (HIPP) program—and its Medicare Buy-In project. Under the terms of this contract, HMS will perform outreach and enrollment services for Medicaid beneficiaries who may be eligible for HIBI or Medicare. The contract is renewable for additional one year periods for a maximum term of five years.
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