IL 2742-MC-FFS: Pharmacy Benefit Carve-Out
Effective December 1, 2026, Iowa Medicaid is transitioning outpatient pharmacy benefits for managed care members from MCO administration to fee-for-service administration through Optum Rx. All outpatient pharmacy claims with dates of service on or after December 1, 2026, must be submitted using new point-of-sale information (BIN: 011933, PCN: IAPOP) and will be processed by Optum Rx instead of MCOs. Prior authorizations will also be administered by Optum Rx beginning December 1, 2026.