Meeting Type: BCC Regular Meeting
Meeting Date: 10/5/2021
Item Status: New
From: Deidra Hanak, Personnel Director
Submitted by: Deidra Hanak, Personnel Director
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ITEM TITLE
Title
Personnel Department - MedOne, LC Pharmacy Benefit Administration Services Agreement
Body
STAFF RECOMMENDATION
Recommendation
Approve and authorize the Chairman to execute the Pharmacy Benefit Administration Services Agreement proposal with MedOne, LC for prescription benefit administration to be effective January 1, 2022.
End
BACKGROUND INFORMATION
Previous Commission action/date: N/A
Background: Prescription pharmacy prices have increased almost $300,000 over the past four years. In an effort to decrease the amount of money that is spent on the increasing prescription drug prices every year, we asked Cobbs Allen to shop pharmacy companies. After meeting with different companies and analyzing proposals over the past two years, it was decided that MedOne, LC would provide the best prescription coverage with no disruption to the employee.
MedOne, LC provides co-pay assist programs for expensive specialty prescriptions, working directly with the pharmaceutical manufacturer to attain rebates for the drug, thus reducing the cost to the employee and the employer. Additionally, MedOne, LC offers a program called "Opioid Care Path" that mitigates high-risk indicators for opioid abuse.
With this agreement, the prescription drug benefit would no longer be covered under the Blue Cross Blue Shield of Alabama health insurance plan beginning January 1, 2022. Personnel will begin meeting with employees in October to start the process of the changeover and delivering informational materials.
FINANCIAL IMPACT
Total cost of recommendation: N/A
Budget line item(s) to be used: N/A
If this is not a budgeted expenditure, does the recommendation create a need for funding? N/A
LEGAL IMPACT
Is legal review necessary for this staff recommendation and related documents?
N/A
Reviewed/approved by: N/A
Additional comments: N/A
ADVERTISING REQUIREMENTS
Is advertising required for this recommendation? N/A
If the proof of publication affidavit is not attached, list the reason: N/A
FOLLOW UP IMPLEMENTATION
For time-sensitive follow up, select deadline date for follow up: N/A
Individual(s) responsible for follow up: Action Required: Return signed documents to Deidra Hanak
Action required (list contact persons/addresses if documents are to be mailed or emailed): N/A
Additional instructions/notes: N/A