Cause IQ vendor profile

Caremark


Caremark is a firm that provides administrative support, third party administration, insurance agent or broker, investment management, and insurance to nonprofit clients. They primarily provide their services regionally, with most clients in Maryland (although they are present in other states as well).

Most Caremark clients are health and welfare funds and hospitals with revenues ranging from $63 million to $725 million.

Previous legal names, trade names, or just variations of their name include: Caremark LLC; and Caremark Prescription SVC Div.

Primary location:
Woonsocket, RI
Clients in:
TN, IL, AZ, RI, TX
Identified clients:
24
Avg client size:
$685 mil revenue
Median client size:
$125 mil revenue

Caremark client list

  Name Type Location
1 NRECA Group Benefits Trust 501(c)(9) Arlington, VA
2 Beth Israel Lahey Health 501(c)(3) Cambridge, MA
3 Central States Southeast and Southwest Areas Health and Welfare Fund 501(c)(9) Chicago, IL
4 Management-Ila Managed Health Care Trust Fund 501(c)(9) New York, NY
5 Excavators Union 731 Welfare 501(c)(9) Astoria, NY
6 National Iam Benefit Trust Fund 501(c)(9) Washington, DC
7 ISAS Group Benefits Trust 501(c)(9) Dallas, TX
8 Calais Regional Hospital 501(c)(3) Calais, ME
9 Michigan Conference of Teamsters Welfare Fund 501(c)(9) Detroit, MI
10 United Food and Commercial Workers Union-Employer Health&welfare Fund 501(c)(9) Broadview Heights, OH
... and 14 more Caremark not-for-profit tax-exempt clients identified by Cause IQ

Caremark competitors

Competitors to Caremark in the nonprofit sector include Voya Retirement Insurance and Annuity Co., Minnesota Life Insurance Company, Transamerica, Optumrx Inc, Express Scripts, Excellus Blue Cross Blue Shield, Davis Vision, Lincoln Financial Group, Capfinancial Partners, LLC, and Metlife.

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