Pharmacy Benefit Management Services

Faced with escalating prescription drug costs, a coalition of employer groups collaborated to create the not-for-profit Wisconsin Prescription Drug Purchasing Coalition called WisconsinRx.  The coalition brings businesses together to purchase prescription drugs.

What is the purpose of WisconsinRx?

--To control the cost of prescription drugs.

--To ensure a high quality of prescription drug care for employees.

--To provide access to participating pharmacies in a statewide network.

--To provide a high level of service to member organizations.

--To be a watchdog over the business practices of pharmaceutical companies and the pharmacy benefit manager (PBM).

--Honest pricing - no hidden costs.

WisconsinRx has selected Caremark, one of the largest PBM?s in the industry, to manage and process claims.  Caremark has sophisticated systems capability and access to a broad range of clinical resources that are available to WisconsinRx members.  WisconsinRx has secured extremely aggressive pricing terms with Caremark.  Caremark has committed to transparency of pricing and is willing to support a Wisconsin-developed preferred prescription drug list based on clinical evidence, not on advertising.

HCC member coalition costs:

--$.20 per member per month

--Reduced one time enrollment fee of $1 per employee

--$1.75 per retail rx dispensing fee ($0 for mail order)

--$0 administrative fee

Rebates:

--95% or $3.03 per claim retail

--95% or $11.59 per claim mail order

www.wisrx.com

Contact Nancy Cirra at 262-524-4161 or nancy.cirra@m3ins.com