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Welfare: Us Department
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DALLAS, Nov. 20 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. today announced a contract with the Idaho Department of Health and Welfare to provide pharmacy benefits management (PBM) services for its Medicaid program. The contract has a length of up to 10 years and a total value of $18.5 million, if a three-year option is exercised.
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Welfare economics uses many of the same techniques as microeconomics and can be seen as intermediate or advanced microeconomic theory. Its results are applicable to macroeconomic issues so welfare economics is somewhat of a bridge between the two branches of economics.
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"We are pleased to have the opportunity to expand and continue our successful pharmacy benefits management partnership with the Department of Health and Welfare," said Christopher T. Deelsnyder, ACS senior vice president and managing director, Government Healthcare Solutions. "This partnership demonstrates that we work closely with our clients to help ensure the success of their vision for providing patients with the best care possible through innovative clinical and technology solutions."
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