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Colorado’s “reverse auction” for state employee drug plan estimated to save $27.5 million

UnitedHealthcare affiliate that holds current contract has challenged results of auction

DENVER, CO - MARCH 7:  Meg Wingerter - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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In 2021, the legislature passed a bill requiring the Colorado Department of Personnel and Administration to hold a "reverse auction" for the contract to manage prescription drug coverage for state employees.
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