EHPCO has developed a unique relationship with Caremark, a leading national provider of pharmacy benefits, whereby EHPCO member companies can reduce their pharmacy costs while keeping plan participants satisfied. As many employers work to slow their healthcare spending, EHPCO’s unique relationship with Caremark is a smart choice to help control the rising cost of health benefits.
Together, Caremark and EHPCO offer effective trend management, powerful price negotiation, traditional and alternative business models, clinical and health management expertise focused on your population’s long-term health and wellness, and industry-leading specialty pharmacy services.
The EHPCO/Caremark Relationship - What It Means for EHPCO Members
Negotiated savings are just the beginning. EHPCO members receive value in the diversity and variety of our combined services. How do we accomplish this? It’s easy; we work together.
The EHPCO member services staff provides expertise in conjunction with Caremark.
Together we offer value-added services such as:
• Strategic Benefit Design Consultation with
a Customized Savings Analysis.
EHPCO works hand-in-hand with Caremark,
consulting with members and leveraging Caremark
expertise and resources to achieve the objectives
EHPCO members establish.
• Analytics and Outcomes.
The Caremark Analytics and Outcomes Team
supports the outcome initiatives of pharmacy,
clinical, and health management programs by
evaluating drug trends, plan participant compliance,
the impact of plan designs, and the savings from
generics and clinical programs.
• Reporting Tools.
EHPCO has access to Caremark comprehensive
reporting tools which enables EHPCO to provide
no-charge ad hoc reporting for members.
• Benchmark Analysis.
EHPCO-specific, book of business benchmarking
shows members how they compare to their peers.
• Best in Class Account Support-One Contact.
Each EHPCO member has a dedicated account
manager who continually reviews plan design
structure, drug coverage, and management reports
in order to make recommendations based on your
needs and to keep your plan running effectively.
• Best in Class Benefits Support.
Think of EHPCO and Caremark as an extension of
your benefits department.
• Quarterly and Annual Meetings for Members.
EHPCO and Caremark invite members to
regularly-scheduled quarterly and annual meetings
where employers and Caremark subject matter
experts share resources and best practices. These
meetings create opportunities for networking and
“shared learning” with fellow employers.
• Consumer Directed Healthcare Offerings and
Education.
We work alongside all the industry-leading benefit
debit card companies.
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