What is the average federal contract value for NAICS 524114?

Across 453 awarded federal contracts in NAICS 524114 (Direct Health and Medical Insurance Carriers), the median award is $16,319,868, with most awards between $659,073 and $620,377,666. Source: SAM.gov award data.

What is the SBA small-business size standard for NAICS 524114?

The SBA size standard for NAICS 524114 is $47M avg. annual receipts.

Finance & Insurance · NAICS 524114

Direct Health and Medical Insurance Carriers

Federal contract pricing, the top winners, buying agencies, and live opportunities for NAICS 524114.

$16,319,868

median award value · most between $659,073 and $620,377,666

Total awarded

$282,869,690,859

Awards

453

Winners

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SBA size standard

$47M avg. annual receipts

Live opportunities →Full pricing benchmark Market explorer Who wins here Am I small?

Top winners (by $)

HUMANA GOVERNMENT BUSINESS INC$80,023,948,080

OPTUM PUBLIC SECTOR SOLUTIONS…$65,128,860,756

HEALTH NET FEDERAL SERVICES, …$42,897,598,009

TRIWEST HEALTHCARE ALLIANCE C…$37,379,963,713

UNITEDHEALTH MILITARY & VETER…

Recent awards

Q503--CCN Next Gen - Dental NetworkOPTUM PUBLIC SECTOR SOLUTIONS, IN… · Sep 30, 2026$30,000,000,000 Q201--CCN R2 Contract ExtensionOPTUM PUBLIC SECTOR SOLUTIONS, IN… · Sep 30, 2026$22,490,596,799 Q201--CCN R2 Contract ExtensionOPTUM PUBLIC SECTOR SOLUTIONS, IN… · Sep 30, 2026$22,490,596,799 Q201--CCN R3 Contract ExtensionOPTUM PUBLIC SECTOR SOLUTIONS, IN… · Sep 30, 2026$28,798,457,762 R499--VA Claims Processing & Customer Services SupportSIGNATURE CHOICE III, LLC · Sep 29, 2026$517,000,000

Pricing reflects 453 SAM.gov award notices for NAICS 524114. New to NAICS? See the full code dictionary or NAICS codes explained.

Awards by year ($)

2008$16,319,868

2010$19,461,674,515

2011$21,340,179,288

2012$14,844,205,885

2013$14,222,480,693

2014$875,435,097

2015$2,837,592,021

2016$75,428,441,220

2017$1,192,993,327

2018$1,795,669,855

2019$2,352,768,126

2020$1,855,495,820

2021$5,381,322,173

2022$2,748,523,833

2023$21,330,424,246

2024$38,420,088,989

2025$34,197,852,683

2026$24,568,223,221

Direct Health and Medical Insurance Carriers

Top winners (by $)

Recent awards

Top buying agencies (by $)

Awards by year ($)