The Vendor is required to provide pharmacy benefits manager (PBM) capable of delivering high-quality, employee-centered service while supporting the municipality’s commitment to responsible financial management.
- Requirement:
1. Discount definitions
• Mac generics included in the generic guarantee.
• Non-mac generics included in the generic guarantee.
• Single-source generics included in the generic guarantee.
• Multi-source generics included in the generic guarantee.
• Generics in the FDA-granted exclusivity period included in the generic guarantee.
• Generics launched at risk included in the generic guarantee.
• Generics prescribed in conjunction with a specialty medication included in the generic guarantee.
• Generics with limited supply included in the generic guarantee.
• Claims filled in all states.
• Limited distribution medications are those defined as such on the bidders provided LDD list with this response.
• Limited distribution discounts apply for drugs with and without access
2. Rebate definitions
• Formulary rebates included in the pass-through rebate definition.
• Incentive rebates included in the pass-through rebate definition.
• Data fees included in the pass-through rebate definition.
• Inflation protection rebates included in the pass-through rebate definition.
• Specialty management fees included in the pass-through rebate definition.
• Market share rebates included in the pass-through rebate definition.
• Promotional grants included in the pass-through rebate definition.
• Compliance funding included in the pass-through rebate definition.
• Any and all funding sources, up to and including those of any GPO with common ownership included in the pass-through rebate definition.
• New-to-market drugs, not listed on the LDD list and added during the contract year, must be available from 3 or fewer pharmacies.
• For rebates, all drugs on the bidder's specialty drug list qualify for specialty rebate (if not, please list drug classes considered non specialty.)
• 340b claims are defined as only those having a type 20 NCPDP submission clarification code or a pharmacy class code of 39.
• Provided rebate guarantees will apply regardless of plan design.
3. Guarantee and reconciliation logic
• Bidder agrees to allow the client or a third-party named by the client to execute a market-check.
• Bidder agrees to pay 100% of any shortfall.
• Discount guarantees are at the client level.
• Rebate guarantees are at the client level.
• Over-performance in one channel will not be used to offset under-performance in another channel.
• Reconciliations do not constitute an audit.
• Client may conduct an audit, at its own expense, each year.
• AWP is based on MEDI-span and the date of fill.
• AWP is based on post-2009 settlement AWP.
• U&C is defined based on the retail drug used to calculate the claim amount on the dispense date.
• Zero balance claims included in discount guarantees based on ingredient cost before member cost share.
• Extended day supply and mail order guarantees apply at greater than 83 days’ supply.
• Reconciliation will occur within 180 days after the close of a year.
• Manufacturer coupons are excluded from the discount guarantee calculation.
• Bidder agrees formulary list will not have negative changes more than 2 times per year with 90 days advance notice.
• Specialty list will not change during the contract year with the exception of the addition of new to market drugs.
• For reconciliation purposes, specialty drugs are defined in the current specialty drug list each contract year.
• The PBM may provide an updated list prior to the New Year.
• All responses in this RFP are binding and super cede the pricing supplement and any administrative agreements.
• Rebate guarantee reconciliation will not include any rebate credits for shifts in utilization
• Specialty discount guarantees represents an overall guarantee across all specialty drugs in the channel.
4. Data sharing
• Share a complete claim file to ringmaster, at no charge, at a minimum of a monthly basis during the administration of this contract.
• Agrees to share its limited distribution drug list at an NDC level for request and reconciliation purposes.
• Confirms it has active clients with accumulator connectivity with the current and alternative carriers and TPAs listed in the cover sheet.
• Active clients with eligibility connectivity with the current and alternative carriers and TPAs listed in the cover sheet.
5. Mail order pharmacy
• Mac pricing will be in place at mail order.
• Mail mac is the same or more favorable than the retail mac list.
• No minimum price floors apply for mail order discounts to apply.
Set up free email alerts and get notified when new government bids, tenders and procurement opportunities match your industry and location. Choose daily or weekly delivery.