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QUAL-MED TO BID ON CHAMPUS CONTRACT

 QUAL-MED TO BID ON CHAMPUS CONTRACT
 PUEBLO, Colo., March 9 /PRNewswire/ -- Qual-Med Inc. today


announced that it would bid on a new Request for Proposal (RFP) Issued by the Department of Defense for the CHAMPUS Reform Initiative (CRI) contract. The contract, amounting to about $600 million annually, covers health services for various DOD personnel.
 The RFP had been delayed earlier as a result of differences between conflicting legislation passed by the Congress on whether or not a new RFP would be offered upon the expiration of the current contract, or whether the current contract, operated by Foundation Health Plan, should be extended for a year.
 In a recent decision from the Controller General of the General Accounting Office, a clarification of the conflicting Congressional Acts covering the DOD's course of action was issued. It authorized the Department to proceed with a new RFP for the CRI contract to be effective August 1, 1993, which the Department said it would prefer. The contract is one of the largest DOD contracts in existence.
 "We believe this is an excellent decision by the Controller General since it allows full competition for the contract, and offers personnel covered to receive the highest quality health services at the best price available. It also benefits the American taxpayer who is assured of competitive bids for the contract. We intend to be an active competitor," said Dr. Malik Hasan, chairman, president and chief executive officer of Qual-Med Inc.
 Qual-Med, headquartered in Pueblo, provides comprehensive health care services to approximately 222,000 members as of Dec. 31, 1991 in California, Colorado, Idaho, New Mexico, Oregon and Washington. Its members pay a fixed monthly premium for services rendered and choose among a broad network of independent primary care physicians.
 -0- 3/9/92
 /CONTACT: Dr. Malik Hasan, chairman, president and CEO of Qual-Med, 719-542-0500/ CO: Qual-Med Inc. ST: Colorado IN: MTC SU:


CH -- LA015 -- 6393 03/09/92 11:59 EST
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Publication:PR Newswire
Date:Mar 9, 1992
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