Wisconsin Rx National CooperativeRx
The SCRxIPT - Weekly Newsletter For Members and Stakeholders
Rx News | April 29, 2011
How To Join Rx
About Us
The Co-op Difference
Members
Employers
Brokers and TPAs
Cost Savings
Adding Value
Press Room
Event Calendar
_________________________

Upcoming Events featuring
National CooperativeRx

Drug Take Back Day

April 30, 2011
Several locations around the nation

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

_________________________ 
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

Coalition News

 

Thank you to all who attended the WisconsinRx/National CooperativeRx Annual Meeting!

 

We were impressed by the active participation by our members in the issue of medication adherence and behavior change, and feel honored to work with so many engaged members and stakeholders.  

  

Click this link to view the PowerPoint Presentations from our great line-up of speakers.  You can also download a copy of our 2011 Annual Report to Members and Stakeholders [PDF].

 

Thank you again for a great meeting.  As always, we welcome your feedback on the event or any of our initiatives and services.  Visit our member feedback form on the website or call us anytime!

News You Can Use

HealthDay. Nearly three of every five children diagnosed with epilepsy do not take their antiseizure medicine as prescribed over the first six months of treatment, a new study shows.(Doheny, 4/26). Full story 

 

New York Times. A far less expensive alternative proved roughly as effective as Genentech's costly drug Lucentis in treating macular degeneration, according to people familiar with the results of a closely watched clinical trial. (Pollack, 4/27) Full story  

 

Industry News

Pharmalot. Less than a month after the FDA refused to approve the Gardasil vaccine for preventing HPV in women ages 27 to 45, Health Canada has gone in the other direction and issued an endorsement. (Silverman, 4/28) Full story

  

Bloomberg. Sanofi-Aventis said first- quarter profit fell as generic competition dented sales of five key medicines and the end of the pandemic wiped out demand for swine flu vaccines.(Torsoli, 4/28) Full story

  

Associated Press. Eli Lilly and Co. said Wednesday that a federal court is blocking low-cost generic versions of Cymbalta from the market until the patents supporting the drug expire. (4/27) Full story 

  

Health Policy Matters

Associated Press. The Supreme Court cast doubt Tuesday on efforts by states to limit drug manufacturers' use of information about the prescription drugs that doctors like to prescribe. Drug makers use the data to tailor their pitch to doctors. (Koster, 4/26) Full story 

 

Reuters. The Supreme Court refuses to take up health care reform early. Plus, an overview of the myriad of lawsuits relating to PPACA. (4/27) 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.