WisconsinRx was born when three coalitions of plan sponsors came together to solve a common problem. They wanted to control their overall drug spend, make better decisions with better data, and gain access to information about their pharmacy benefit management.
Not finding what they were looking for in the private Pharmacuetical Benefit Manager (PBM) market, they created the non-for-profit, member-owned WisconsinRx to act as their watchdog over their pharmacy benefits – a team of specialists to manage the complex and ever-changing world of prescription drug purchasing.
Our founding members created WisconsinRx as a cooperative to ensure that our priorities are always aligned with the needs of our members. Upon joining, plan sponsors become our owners and receive ownership dividends. Regardless of size, all cooperative members gain access to the same deep discounts, rebate guarantees, and level of customer service normally granted to only the largest companies in the nation.
WisconsinRx was an immediate success, and soon plan sponsors outside of the state wanted to join the cooperative. In order to be more inclusive, WisconsinRx began doing business as National CooperativeRx. The cooperative now has members throughout the nation, from Florida to Alaska, and Hawaii to the Midwest.
National CooperativeRx provides prescription drug benefits to over 200,000 employees and dependents. This represents exponential growth since we began in 2003. Our vision for the future can be summed up by two complementary goals: continue to grow our membership, and continue to grow the value we bring to members.