NAICS 2022 US

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

Parent Code 52429

Implementation Date 2022-01-01

Industry Description

This U.S. industry comprises establishments primarily engaged in providing pharmacy benefit management (PBM) services and other third party administration services of insurance and pension funds, such as claims processing and other administrative services to insurance carriers, employee benefit plans, and self-insurance funds.

Excludes

Managing the portfolio assets (i.e., funds) of others--are classified in Industry 523940, Portfolio Management and Investment Advice; Initially underwriting health and medical insurance policies--are classified in U.S. Industry 524114, Direct Health and Medical Insurance Carriers; Retailing prescription and nonprescription drugs and medicines--are classified in Industry 456110, Pharmacies and Drug Retailers; Providing insurance actuarial services--are classified in U.S. Industry 524298, All Other Insurance Related Activities; and Providing actuarial consulting services--are classified in U.S. Industry 541612, Human Resources Consulting Services.

Keywords

Claims processing services, insurance, third party Employee benefit plans, third party administrative processing services Insurance claims processing services, third party Insurance fund, third party administrative services (except claims adjusting only) Insurance plan administrative services (except claims adjusting only), third party Pension fund, third party administrative services Pharmacy Benefit Management (PBM) services

Conversion Reference

Convert NAICS 2022 code 524292 to GB/T 4754—2017 Convert NAICS 2022 code 524292 to ISIC Rev.4 Convert NAICS 2022 code 524292 to NACE Rev. 2 Convert NAICS 2022 code 524292 to ISIC Rev.5 Convert NAICS 2022 code 524292 to NACE Rev. 2.1

Conversion Results

ALGORITHMIC_INFERENCE

Standard Metadata

Standard Name NAICS 2022

Full Name North American Industry Classification System, 2022

Country / Region US

Issuing Agency Office of Management and Budget (OMB)

Parent Code 52429

Release Date

Implementation Date 2022-01-01

Standard Conversion

Select a target standard, AI will automatically analyze and map the corresponding industry code

Target Standard

🇨🇳

GB/T 4754—2017

Industrial Classification for National Economic Activities (GB/T 4754-2017)

International Standard

🇺🇳

ISIC Rev.4

International Standard Industrial Classification of All Economic Activities, Revision 4

🇺🇳

ISIC Rev.5

International Standard Industrial Classification of All Economic Activities, Revision 5

Regional Standards

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NACE Rev. 2

Statistical Classification of Economic Activities in the European Community, Rev. 2

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NACE Rev. 2.1

Statistical Classification of Economic Activities in the European Community, Rev. 2.1

National Standards

🇨🇳

GB/T 4754—2017

Industrial Classification for National Economic Activities (GB/T 4754-2017)