Wisconsin Rx National CooperativeRx
The SCRxIPT - Weekly Newsletter For Members and Stakeholders
Rx News | April 15, 2011
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Upcoming Events featuring
National CooperativeRx

WisconsinRx/National CooperativeRx Annual Meeting

April 27, 2011
Monona Terrace and Convention Center

Madison, WI

Learn more 

 

The Alliance Annual Seminar

May 11, 2011

Monona Terrace and Convention Center

Madison, WI

Learn more

 

Health and Welfare Plan Management for Midsize Employers Conference

June 7-10
Chicago, IL
  

Stakeholders receive $200 off registration with code CL-NCR!

Learn more

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National CooperativeRx is a not-for-profit coalition founded and owned by plan sponsors to achieve higher value prescription benefits through volume purchasing, clinical solutions, actionable data and unparalleled customer service. For your sales and marketing needs, please contact us at 866-679-9479, extension 223
 
Coaliton News

 

National CooperativeRx.  There is still time to register for the April 27, 2011 WisconsinRx/National Cooperative Annual Meeting in Madison, WI. Our featured topic is Promoting Medication Adherence - Challenges and Opportunities for Employers and will offer valuable advice from some of the nation's recognized leaders on this topic. Please take the time to RSVP today! For more information and to register, click here.

News You Can Use

US News and World Report.  A physician provides practical advice about talking with your doctor about prescription drugs. (Lin, 4/6) Full story

 

New York Times.  Facing generic competition for its "little blue pill," Pfizer recently started selling a chewable form of Viagra in Mexico and may soon sell it elsewhere. Levitra, another erectile dysfunction drug, is now sold as a dissolvable tablet in nine European countries and may come to American pharmacies as soon as this month under the name Staxyn. (Wilson, 4/13) Full story

 

Washington Post.  Consumers with "skin in the game" want to compare the cost of drug regimens, but have a hard time getting price information. (Luxenberg, 4/11) Full story

 

Industry News

CVS Caremark.  CVS Caremark released its annual Insights Report, which reviews drug trend and highlights key areas to watch in pharmacy care.  In 2010, the average drug trend for the company's pharmacy benefit management (PBM) client segments -- employers, health plans and third party administrators -- was 2.4 percent, the lowest trend in six years.(4/14) Release

 

MSNBC. Nationwide shortages of popular drugs used to treat ADD and ADHD are sending parents scrambling, with some combing multiple pharmacies for the Adderall and Ritalin that keep their kids calm. (Aleccia, 4/14) Full story

  

Health Policy Matters

Pharmalot. House Democrats have introduced a bill designed to increase funding and authority for the FDA to monitor drug production. The legislation is aimed specifically at foreign-made pharmaceuticals, given ongoing concerns about the supply chain amid several episodes that questioned foreign production of meds sold in the US. (Silverman, 4/14) Full story 

 

LA Times. The Obama administration partners with employers, hospitals, private insurers and others in a broad new initiative to reduce infections and other preventable conditions in patients. (Levey, 4/13) Full story 

 

April Co-op Feature

95 Percent Rebate True-Up.  In addition to quarterly rebate guarantees, National CooperativeRx has also negotiated as part of its contract an additional "95% true-up." This means if the per claim rebates do not equal at least 95% of the total rebates our PBM collects over a 12 month period, the difference up to 95% is collected and distributed to members. It keeps our PBM motivated while ensuring our members get what they deserve.  We return one hundred percent of all collected rebates to our members.  Visit our website for more information.