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Upcoming Events featuring
National CooperativeRx |
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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!
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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
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National CooperativeRx members and enrollees will now benefit from a streamlined redesign of the Caremark website that will make it easier for consumers to access customized information about their prescription plan. Upon logging in to the new site, enrollees will now see a "personal dashboard" where they can view information unique to their account, prescriptions and plan. Plan Sponsors can access client tools from the "For Employers and Medical Plan Providers" link in the footer through the site. Plans may wish to share this FAQ from Caremark with their enrollees.
Also, the U.S. Drug Enforcement Agency will sponsor a second annual National Take Back Day on Saturday, April 30, 2011 in cooperation with local law enforcement agencies.
Prescription and over-the-counter medicines are the most frequently abused drugs by adolescents, and parents and relatives often have no idea that these drugs are being taken from their homes, their medicine cabinets or their trash. We hope our members and stakeholders will spread the word about National Take Back Day. For more information or to find a collection site, please visit our website. |
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Forbes. Why is a me-too drug for which there are much cheaper alternatives the second-best selling medicine in the United States? (Herper, 4/19) Full story. The Wall Street Journal prints a related story about the most prescribed drugs in 2010 (Hobson, 4/19).
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Pharma Times. A new report warns of "very serious consequences" for patient safety when drugs are used off-label. (Taylor, 4/19) Full story
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Bloomberg. Pfizer and rival U.S. drugmakers are poised to report the industry's biggest drop in quarterly profit in more than four years as the companies cope with record patent losses in 2011. (Randall, 4/15) Full story
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New York Times. For consumers who have been losing trust and patience with Johnson & Johnson over its manufacturing and quality control issues, the announcement of a recall on Thursday from a company unit that makes neurology drugs may seem all too familiar. (Singer, 4/14) Full Story
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Employee Benefit News. An employer advocacy group is fighting to repeal parts of the health care reform law that establish annual caps for flexible spending arrangements and require a prescription for over-the-counter medications to be reimbursed under FSAs. (Koster, 4/21) Full story
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Business Insurance. President Obama has signed into law a budget compromise that repeals employee "free choice vouchers" - a key PPACA provision. The repeal means employers will not be required to offer company-paid vouchers to buy coverage in state health insurance exchanges starting in 2014. (Geisel, 4/18) Full story
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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.
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