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HomeMy WebLinkAbout~Master - Approving contract documents for Pharmacy Benefit Manager (PBM) Services with Wellmark Blue Cross Blue Shield of Iowa effective April 1, 2025RESOLUTION NO. 25-011 RESOLUTION PROVIDING FOR THE AWARD OF CONTRACT FOR PHARMACY BENEFITS MANAGER SERVICES FOR THE HUMAN RESOURCES DEPARTMENT, CITY OF AMES, IOWA WHEREAS, after an extensive Request for Proposals (RFP) process, in January 2024, the City contracted with CarelonRx to provide Pharmacy Benefits Manager (PBM) services. CarelonRx was able to project exceptional savings over the course of three years, while Wellmark Blue Cross Blue Shield (BCBS) was unable to be competitive with its pricing during the RFP; and, WHEREAS, in the last twelve months with CarelonRx providing PBM services, the City has experienced the projected savings. However, service levels have not met expectations even after remedial efforts were made; and, WHEREAS, in December, City Council authorized City staff to terminate the contract with CarelonRx and to begin negotiations with Wellmark BCBS. City staff, with the assistance of Gallagher Benefits Services, has engaged in negotiations with Wellmark BCBS to re-engage with PBM services; and, WHEREAS, Wellmark BCBS has provided a pricing and rebate structure that is competitive. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the contract documents (including terminal rider, final alternate rates, and updated benefits summary information for three City health insurance plans) from Wellmark BCBS to carry out Pharmacy Benefits Manager services for the City by negotiating rates, creating pharmacy networks, reviewing drug utilization, processing claims, and managing pharmacy-related programs, effective April 1, 2025, are hereby approved. ADOPTED THIS 14th day of January, 2025. _________________________________ ___________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 14th day of January, 2025.