NAICS

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

Overview

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.

Alternate descriptions

  • 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

Related NAICS

  • 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.

Cross reference

Industry codes related to NAICS 524292: general liability, SIC, and state or NCCI class codes.

General Liability (GL)

61226 Buildings or Premises--Office--Other Than Not-For-Profit

NCCI Class Code

8810 Clerical Office Employees NOC.

CA Class Code

8822 Insurance Companies

DE Class Code

0984 Insurance Company

MI Class Code

8810 CLERICAL OFFICE EMP; DRAFTING EMP; BANK TELLERS; LIBRARY OR MUSEUM EMP

NJ Class Code

8810 Clerical Office Employees NOC.

NY Class Code

8810 Clerical Office Employees NOC.

PA Class Code

0984 Insurance Company

TX Class Code

8810 Clerical Office Employees NOC.

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