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12. B. 8.
Pharmacy Benefit Management Agreement with Express Scripts
Kim Archambault, HR Director, Human Resources
Resolved, the Board of Commissioners does hereby approve the Pharmacy Benefit Management Agreement with Express Scripts as presented.
It is recommended that the Board of Commissioners approve the Pharmacy Benefit Management Agreement with Express Scripts as presented.
The County has been with Express Scripts for the past two years and we are requesting approval of a three year renewal from 2020-2022. Express Scripts was the lowest bidder in the pharmacy market check done by Aon (County Benefit Consultants) and is part of the Aon Pharmacy Coalition for reduced cost pharmacy benefits.
The three year renewal contract from 2020-2022 will be an estimated cost of $5,258,600, which is an estimated savings of 10.6% ($623,900). The 2020 cost is estimated to be $1,575,800, which is an estimated savings of $147,800, and was already included in the 2020 approved budget.
ESI PBM Renewal Agrmnt 2020
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