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

 NameTypeLocation
1NRECA Group Benefits Trust501(c)(9)Arlington, VA
2Beth Israel Lahey Health501(c)(3)Cambridge, MA
3Central States Southeast and Southwest Areas Health and Welfare Fund501(c)(9)Chicago, IL
4Management-Ila Managed Health Care Trust Fund501(c)(9)New York, NY
5Excavators Union 731 Welfare501(c)(9)Astoria, NY
6National Iam Benefit Trust Fund501(c)(9)Washington, DC
7ISAS Group Benefits Trust501(c)(9)Dallas, TX
8Calais Regional Hospital501(c)(3)Calais, ME
9Michigan Conference of Teamsters Welfare Fund501(c)(9)Detroit, MI
10United Food and Commercial Workers Union-Employer Health&welfare Fund501(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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