Broken Arrow City Council
Meeting of: 09-06-2016
To: Mayor and City Council
From: Office of the City Manager
Title:
title
Approval of and authorization to execute a first amendment to the Pharmacy Benefit Management Services Agreement with Navitus Health Solutions, LLC to continue to provide pharmacy benefit manager services for the employee health plan
End
Background:
The City has provided employee health benefits through self-insurance since 1989. On October 7, 2014 the Council approved an agreement with Navitus Health Solutions, LLC (Navitus) to be the pharmacy benefit manager for the City's employee health plan. This direct contract with Navitus enables the City to negotiate the rebate and fee structures of the prescription plan and allows greater control of the plan design.
The agreement provides for year to year continuation if both parties notify the other within 180 days prior to the expiration of the agreement. The first amendment allows for the agreement to continue from January 1, 2017 until December 31, 2017. All other terms of the agreement remain the same.
Navitus has been excellent to work with and provides exceptional customer service. Staff recommends approving the agreement for another renewal term.
Cost: As estimated in the Group Health and Life Fund in the FY 2017 Budget.
Prepared By: Jannette McCormick, Acting Human Resources Director
Reviewed By: Finance Department
Assistant City Manager of Administration
Legal Department
Approved By: Michael L. Spurgeon, City Manager
Attachments: First Amendment to Pharmacy Benefit Management Services Agreement
Navitus Agreement
Recommendation:
Approve the first a...
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