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Healthcare Management Administrators (HMA) 2/20/2025
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Healthcare Management Administrators (HMA) 2/20/2025
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Last modified
3/5/2025 11:14:50 AM
Creation date
3/5/2025 11:13:13 AM
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Contracts
Contractor's Name
Healthcare Management Administrators (HMA)
Approval Date
2/20/2025
End Date
12/31/2025
Department
Human Resources
Department Project Manager
Chelsi Bardwell
Subject / Project Title
HMA 2025 Renewal
Tracking Number
0004705
Total Compensation
$372,032.00
Contract Type
Agreement
Contract Subtype
Professional Services (PSA)
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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Proving What’s Possible in Healthcare <br />This document contains important terms and conditions which are incorporated by reference into and becomes <br />part of the terms of your contract with us. ©2024, Healthcare Management Administrators, Inc. <br />. <br />2025 additional pricing, terms and conditions: <br />•Participating Groups may not have any direct or indirect agreement or arrangement with any pharmaceutical <br />company or other third party related to any rebates or discounts. <br />•Participating Groups acknowledge that CVS Caremark shall be the exclusive PBM and related PBM services. <br />•Participating Group will be required to sign a Participating Group Agreement which allows CVS Caremark and us <br />to act on behalf of the Participating Group and engage with CVS Caremark as the pharmacy benefits manager <br />(PBM). <br />•Participating Group’s retail networks include the CVS National Network as well as the CVS Caremark Retail-90 <br />Network as its. In the instance where a Participating Group chooses the Retail-90 Network in place of the National <br />Network, the following shall apply: The CVS Caremark Retail-90 Network is a subset of the National Network which <br />provides a flexible option of a nationwide network of retail pharmacies that can fill up to a 90 days’ supply of <br />medications. CVS Caremark Retail-90 Network pricing is applicable for non-specialty claims equal to or greater <br />than an 84 days’ supply filled by a participating CVS Caremark Retail-90 Network pharmacy. Claims up to the <br />Participating Group’s qualified retail days’ supply plan design limits can be filled at any participating pharmacy. <br />Claims greater than Participating Group’s qualified retail plan design limits shall only be filled by a CVS Caremark <br />Retail-90 Network pharmacy. Implementation of Maintenance Choice and/or a mandatory plan design may limit the <br />implementation of this offering. <br />•The participating pharmacy may collect from the member the lowest of the discounted cost, applicable cost share, <br />or the participating pharmacy’s usual and customary price. <br />•All pricing in this document is available to our new clients that become Participating Groups on and after the <br />effective date of this document and to existing Participating Groups on the effective date. <br />•If a Participating Group terminates either their PBM contract thru us or terminates with us altogether, and has <br />passed runout, the Participating Group will be responsible for paying directly to CVS Caremark any Medicare or <br />Medicaid claims that are billed up to three (3) years after date of service. <br />•Custom mailing requests to assist a Participating Group on a plan participant mailing project, current postage rate <br />could apply. <br />•If elected by Participating Group, CVS Caremark may provide to Plan Participants filling prescriptions at <br />Participating Pharmacies discounts on prescription drugs that are not Covered Products. Claims that process with <br />such discounts are excluded from any and all commitments CVS Caremark may have to Participating Groups under <br />this agreement including those relating to pricing, rates or rebates. The Participating Group acknowledges that <br />CVS Caremark will retain rebates, if any, and charge Plan Participant fees that may be part of a Plan Participant’s <br />prescription price for claims processed through this program to assist CVS Caremark in funding this program. <br />•Appeals: Determination of Prescription Benefit Coverage and Eligibility; Independent Physician Specialist Review <br />or IRO (Independent Review Organization) External Review (See Appeals FeeTable) <br />•Participating Group requested audits are not available under our Caremark Agreement. Any client requests for <br />individual audits of Caremark may be considered on a case-by-case basis subject to Caremark’s approval. If such <br />request is approved, Participating Group must pay any fees assessed by Caremark and pay for a Caremark- <br />approved independent auditor. <br />•In the event Participating Group terminates Administrative Services Agreement with us, we may use pharmacy <br />rebates as a set-off against amounts due to us from Participating Group or may delay remittance of these rebates <br />to allow for final adjustments. <br />•Participating Group acknowledges that CVS Caremark provides an administrative credit to us in compensation for <br />the services provided including enrollment processing, invoice processing and customer service among other <br />duties. We have credited the Medical Administration fee by $2.00 PEPM under this acknowledgement. We have <br />also considered the receipt of this administrative allowance in the calculation of the Plan’s TPA fees. <br />*Please Note: <br />•Please see Participating Group Agreement and supplemental documents for full Terms and Conditions <br />24 <br />Additional Terms and Conditions as follows are for clients on our contract and <br />are effective January 2025 –December 2025.* <br />Pharmacy Benefits
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