NAICS 524292—Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

Where 524292 sits

1. 52 Finance and Insurance
2. 524 Insurance Carriers and Related Activities
3. 5242 Agencies, Brokerages, and Other Insurance Related Activities
4. 52429 Other Insurance Related Activities
5. 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

Description

This U.S. Industry comprises establishments primarily engaged in providing pharmacy benefit management (PBM) services and other third party administration services of insurance and pension funds, such as claims processing and other administrative services to insurance carriers, employee benefit plans, and self-insurance funds.

Cross-references for 524292

• Managing the portfolio assets (i.e., funds) of others--are classified in Industry 523940, Portfolio Management and Investment Advice;
• Initially underwriting health and medical insurance policies--are classified in U.S. Industry 524114, Direct Health and Medical Insurance Carriers;
• Retailing prescription and nonprescription drugs and medicines--are classified in Industry 456110, Pharmacies and Drug Retailers;
• Providing insurance actuarial services--are classified in U.S. Industry 524298, All Other Insurance Related Activities; and
• Providing actuarial consulting services--are classified in U.S. Industry 541612, Human Resources Consulting Services.

Index entries for 524292

7 entries from the official NAICS alphabetic index that classify under this code.

• Claims processing services, insurance, third party
• Employee benefit plans, third party administrative processing services
• Insurance claims processing services, third party
• Insurance fund, third party administrative services (except claims adjusting only)
• Insurance plan administrative services (except claims adjusting only), third party
• Pension fund, third party administrative services
• Pharmacy Benefit Management (PBM) services

524292 in other systems