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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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Patronage Payout & Plan Changes for 2014
If your organization was a member of National CooperativeRx in 2012 then your organization received a check in the mail recently. National CooperativeRx is a not-for-profit cooperative, and member/owners share in any remaining annual earnings once we meet our operating expenses. This "patronage capital" is a benefit of cooperative ownership and one of the reasons our founding members chose this unique business model. We were excited to be able to distribute the patronage, and we hope your organization was equally excited to receive it. As a quick reminder, if your organization has pharmacy benefit plan changes to be implemented on January 1, 2014, we recommend submitting them by November 1, 2013. Please let us and your CVS Caremark Account Manager know you want to make changes, or if you have any questions regarding your plan. Chris Schanz can be reached at cschanz@nationalcooperativerx.comWayne Salverda can be reached at wsalverda@nationalcooperativerx.com
Your Pharmacy Benefit Cooperative,
National CooperativeRx
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Time. The drug varenincline (Chantix) has been proven to help people quit smoking, but it also comes with a warning of causing suicidal thoughts and behavior. However, it was recently shown in a trial of over 500 smokers with a history of depression that 1mg of the drug twice a day didn't worsen their symptoms. 20% of participants on the drug were able to quit smoking, compared with 10% on a placebo. (Sifferlin, 9/18) Full Story
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The New York Times. The US ranks 11th in the world when it comes to cases of the plague. The US is the only wealthy country on the list, and 97% of cases occur in Africa. There were 57 cases of the plague in the US in the last decade, compared to 10,581 in the Congo. (McNeil, 9/16) Full Story
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Health Day. According to a new study, "Healthy behaviors such as exercise, good diet and stress management have the potential to reverse aging on a molecular level and partly restore the vitality of a person's cells." (Thompson, 9/16) Full Story
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The New York Times. Antibiotic-resistant bacteria causes 23,000 deaths a year, according to the Centers for Disease Control and Prevention (CDC). Reasons believed to cause antibiotic-resistant strains of bacteria are over-prescribing antibiotics, patients not taking the full dose prescribed therefore allowing the bacteria to come back, and farm animals being prescribed antibiotics as a precaution while they're healthy. (Tavernise, 9/16) Full Story
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Drug Channels. Third-party payers want the distribution of provider-administered specialty drugs to change. Most would prefer that buy-and-bill fade away and be replaced by specialty pharmacy fulfillment. For more information, click into the article. (Fein, 9/16) Full Story
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Bloomberg. Walgreens has joined Sears and Darden Restaurants in a private health care exchange. While not linked to Obamacare, the private exchange shows similarities and allows workers to choose which coverage plan suits them best. (Armstrong, 9/18) Full Story
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