USAspending.gov · NAICS 524292 · Finance and Insurance
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
Top-third NAICS industry by calendar-2024 contract dollars — code 524292 in Finance and Insurance.
- CY2024 awards
- $902.9M
- Corpus rank
- #93 of 499
- Award plate
- MID
- Sector
- FIN · NICHE
Pharmacy Benefit Management federal industry awards
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (NAICS 524292) ranks #93 of 499 tracked industries by calendar-2024 contract dollars at $902.9M.
PlainFedContract reports USAspending.gov calendar-2024 awards under NAICS 524292. Stamp board: MID · FIN · CLIMBER. See /methodology/#naics.
Year-over-year change, 2019–2024
Across the calendar years on file, Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds’s annual contract dollars rose from $622.4M in 2023 to $902.9M in 2024. 45.1% vs 2023
Calendar-year prime contract obligations by action date (award types A-D). Annual figures use the same NAICS classification basis as the CY2024 headline above.
How Pharmacy Benefit Management leads the CY2024 industry award board
$902.9M · #93 of 499 by CY2024 industry awards , a top-third NAICS industry by calendar-2024 contract dollars (same board as the industries listing). See methodology.
$902.9M under NAICS 524292 · #93 of 499 , MID · FIN · NICHE · CLIMBER. 2019→2024: 153→93 of 499 (0.059%→0.12% of tracked industry dollars) ; #3/12 in FIN. That is a 60-place move over 5 years. Nearest ABS peer: Temporary Help Services at $916.6M (MID).
Calendar-2024 actions under NAICS 524292 count as opportunity size, not firm revenue. Sector weight is light within FIN. Populations, lag, and NAICS/SBA rules: methodology.
Source: USAspending.gov · U.S. Department of the Treasury
Mega-scale industry peers nationwide
Cross-sector peers from the USAspending NAICS extract: nearest mega-scale calendar-2024 award dollars and nearest sector-weight share. Not recommendations.
Closest CY2024 award dollars
- Temporary Help Services $916.6M
- Commercial and Service Industry Machinery Manuf… $916.7M
- Nonferrous Metal (except Copper $918.8M
- Biological Product $918.9M
- Irradiation Apparatus Manufacturing $882.6M
- Other Accounting Services $872.1M
Similar sector weight
- All Other Miscellaneous Manufacturing 1.9% · $4.2B
- Lessors of Other Real Estate Property 2.0% · $33.4M
- Forest Nurseries and Gathering 2.0% · $30.3M
- Industrial Launderers 1.8% · $89.9M
- Frozen Fruit, Juice, and Vegetable Manufacturing 2.0% · $219.6M
- Offices of Physicians, Mental Health Specialists 1.8% · $241.0M
Disclaimer: Data from USAspending.gov public records. For informational purposes only. Industry spending amounts are aggregated from contract awards and may not reflect the most current data. Always verify with official sources.
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Read our methodology - how this data is sourced, computed, and verified.