To: Board of County Commissioners
From: Todd Witthuhn, Deputy Director HR/LR
title
RE: Approval of a request by Genesee County's Healthcare Coalition to change pharmacy benefit manager (PBM) to Smith Rx
recommendation
BOARD ACTION REQUESTED:
Ratify the Healthcare Coalitions tentative agreement of the Smith Rx as the pharmacy benefit manager.
BACKGROUND:
The Healthcare Coalition is comprised of all Genesee County unions. Coalition members negotiate healthcare options on behalf of their members. Through negotiations, the coalition has tentatively agreed for Smith Rx to administer prescription drug coverage. Smith Rx uses a pass-through model for savings which is different than other PBM's
DISCUSSION:
The Healthcare Coalition has ratified to move to Smith Rx as the new pharmacy benefit manager. Smith Rx will be responsible for administering Genesee Counties prescription drug coverage.
IMPACT ON HUMAN RESOURCES:
HR/LR will be responsible for the implementation and administration of Smith Rx.
IMPACT ON BUDGET:
Smith Rx's pass-through savings programs are projected to reduce prescription drug coverage administration costs by 15%.
IMPACT ON FACILITIES:
None
IMPACT ON TECHNOLOGY:
None
CONFORMITY TO COUNTY PRIORITIES:
Genesee County is dedicated to serving its employees and families to provide meaningful assistance with their health care. This program meets that objective and helps to create a healthy, safe community. ution
TO THE HONORABLE CHAIRPERSON AND MEMBERS OF THE GENESEE COUNTY BOARD OF COMMISSIONERS, GENESEE COUNTY, MICHIGAN
LADIES AND GENTLEMEN:
WHEREAS, the Healthcare Coalition membership is comprised of county employees from all Genesee County unions, and they negotiate healthcare options on behalf of their union members; and
WHEREAS, the Healthcare Coalition has selected Smith Rx to provide prescription drug coverage for employees; and
WHEREAS, the Healthcare Coalition requests this Board to ratify these selec...
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