Ensure Proper Rebate Benefits for Your Company Prescription drug costs are at an all-time high with no end in sight for both self-funded plan sponsors and the participants they represent. 79% of respondents in a recent Kaiser Family Foundation Health Tracking Poll felt that the cost of prescription drugs was unreasonable. To help offset the

The number of unused medications in American households has significantly increased in recent years, resulting in excess waste. According to a recent study, approximately two out of three prescription medications were reported unused; common reasons include being weary of side effects, forgetfulness, and the patient’s disease or condition improving.1 If you fall into any of

U.S. Supreme Court Ruling on ERISA The Employee Retirement Income Security Act of 1974 (ERISA) sets minimum standards for most private health plans and preempts states from enforcing coverage mandates on these plans. Since its passage, there have been many challenges to ERISA. The U.S. Supreme Court has consistently held firm on the power of

diabetes   noun di·​a·​be·​tes Definition of diabetes : a chronic (long-lasting) health condition that affects how your body turns food into energy.1 November is American Diabetes Month and now more than ever it is important to know how to effectively manage diabetes. Keep reading to learn more about the condition that affects one in 10 Americans and how

We couldn’t close out October without recognizing American Pharmacists Month, as well as our incredible on-staff pharmacists who strive daily to improve our members’ bottom line and our participants’ continued good health and well-being. Whether you work with them regularly or are hearing their names for the first time, keep scrolling to learn more about

The week is finally here! Our specialty high-dollar claim review program launches this Thursday, October 1. This program will focus on reviewing indication-specific dosing of specialty medications and optimizing dose regimens for efficiency. Our Cooperative pharmacists will assess all specialty claims above $10,000 to identify and resolve issues at no additional cost to members who

September marks the beginning of this year’s flu season. Retail pharmacies began receiving inventory for it in middle to late August. In today’s world, where every newspaper headline and media bit read the latest on the coronavirus (COVID-19) deaths, treatments, and potential vaccines, it’s easy to lose track of the importance of protecting yourself against

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

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,

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