Reform of prescription drug prices is badly needed for patients and plan sponsors. Various complexities already make reforming this industry difficult. On July 24, 2020, President Trump announced executive orders intended to address the issue of high prescription drug prices in the United States. These actions are similar to reforms first outlined in The Trump

We are pleased to announce our administrative assistant, Jaimie Rushton, as the newest National CooperativeRx staff member! Jaimie works closely with our director of operations to ensure company procedures and the office run smoothly. Some of her main responsibilities are planning company events, coordinating marketing materials for staff and providing excellent member service. An Indiana

National CooperativeRx constantly monitors the pharmaceutical pipeline. As treatment options change, it’s important to know how those changes could impact your plan and which drugs bring the highest value. Our quarterly NCRx Pipeline Reports highlight some of the newest therapies coming to market and are not intended to imply formulary placement or coverage by CVS

It is no secret that specialty pharmacy spend is growing and makes up the majority of many plans’ total pharmacy spend. With so much money at stake, it is apparent that more oversight of specialty spend from independent clinical experts is needed. This is where National CooperativeRx comes in. As a watchdog for our members,

After eight years with National CooperativeRx, it is bittersweet for us to announce the retirement of our Executive Assistant, Penny Mandt. Penny will retire at the beginning of July after more than 25 years in various administrative professional roles within the insurance industry. Penny joined our team in 2012 and is described by coworkers as

As National CooperativeRx is member-owned and member-governed, our top priority and commitment is to our 260 member groups and their 375,000 covered lives. One of those member groups is Northeast Wisconsin Technical College (NWTC), who has experienced a significant decrease in drug spend since joining the Cooperative. We are pleased at their benefit plan’s success

Last month marked 17 years since the Human Genome Project, an international research effort to determine the DNA sequence of the entire human genome.1 This historic achievement is due to the groundbreaking work of past researchers like Gregor Mendel, Watson and Crick, and many others. Their work set the stage for today’s personalized medicine wonders

The global pandemic we are currently living in, also known as “the COVID-19 era,” will have long-lasting effects on most aspects of our daily lives. Temperature checks at restaurants, empty baseball stadiums and the lack of middle seats on an airplane are just some of the changes you can expect to see in the near

As National CooperativeRx is member-owned and member-governed, it’s important our objectives align with those of our members. To ensure that, our Board of Directors is elected by membership. Applicants go through a vetting process performed by a committee of current board representatives, and member voting occurs online leading up to our Annual Meeting. We are pleased

Although this wasn’t quite the platform in which we imagined celebrating another successful year, National CooperativeRx hosted its 2020 Annual Meeting via webinar last week. With a record turnout of 280 attendees, we reviewed the Cooperative’s impressive 2019 performance and offered two informative keynote presentations. All that was missing were the delicious buffets and networking