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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 />2025 additional pricing, terms and conditions <br />•CVS Caremark shall make available to us information reflecting the amount of payments that have become due <br />with respect to each Participating Group. <br />•If any payment required by the Participating Group is not received by CVS Caremark in the manner and time frame <br />communicated by us or otherwise set forth herein, CVS Caremark, may in accordance with the agreement with the <br />Participating Group, charge late fees, withhold amounts from the security deposit, if any, cease or suspend <br />performing services or otherwise terminate this Participating Group Agreement in accordance with the terms. <br />•Participating Group shall have no right to offset from payments due hereunder disputed amounts or amounts due <br />or allegedly due from CVS Caremark, except as approved in writing by CVS Caremark. Any sales, use or other tax <br />assessment, including any surcharge or similar fee imposed under any applicable law on any health care provider, <br />Plan Participant, service, supply or product provided under us and/or the Participating Group Agreement shall be <br />the sole responsibility of the Participating Group as applicable and may be added to the invoice. <br />•Discount and dispensing fee guarantees are based upon fully-funded Plan designs and apply to all paid Claims <br />with the exception of the following exclusions: 340B Claims; Compound drug Claims; Paper or Member submitted <br />Claims; Coordination of Benefits (COB) or secondary payor Claims; Claims paid at government required amounts; <br />Vaccine and vaccine administration Claims. <br />•Participating Pharmacy rates may vary and the amount paid by CVS Caremark to the Participating Pharmacy may <br />not be equal to the amount billed to Administrator and CVS Caremark shall retain and not disclose to any third <br />party, including Administrator, any difference. However, in states requiring a transparent network, the amount billed <br />to the Administrator will be equal to the amount paid to the Participating Pharmacies and CVS Caremark will apply <br />a $1.50 Administration Fee per retail Claim in those states. <br />•CVS Caremark shall provide quarterly notices regarding any negative changes to the Formulary, which may <br />include, but are not limited to, movement of a drug from a preferred to a non-preferred tier, or the addition of or <br />removal of utilization management edits. <br />•CVS Caremark shall use reasonable efforts to provide such notice at least sixty (60) days prior to such change. <br />•In the event of a removal of a drug from the Formulary, CVS Caremark shall provide targeted communications to <br />Plan Participants prior to the date of removal. <br />•At Participating Group’s request and expense, CVS Caremark may prepare and provide non-standard <br />management and utilization reports and ad hoc reports within an agreed upon time and format, at CVS Caremark’s <br />prevailing rate. <br />•CVS Caremark allows that any fees charged by CVS Caremark in association with machine readable files and/or <br />compliance reporting, in addition to any other fees associated with mandated transparency requirements, <br />•may be passed to Participating Groups. <br />•Participating Group, shall provide CVS Caremark with sixty (60) days prior written notice of any proposed changes <br />to the PDD, or other material Plan amendments that may impact prescription drug coverage under the Plan. <br />•CVS Caremark may, but shall not be obligated to, dispense a prescription even if the prescription is not <br />accompanied by the Cost Share. <br />•CVS Caremark will credit any amount submitted by Plan Participant in excess of the Plan Participant’s Cost Share. <br />•In the event a Plan Participant submits to CVS Caremark an insufficient Cost Share and the Plan Participant fails to <br />remit the balance of the Cost Share amount to CVS Caremark within thirty (30) days of CVS Caremark’s request, <br />then CVS Caremark shall have the right to invoice Participating Group. <br />•Non-Specialty Claims dispensed by a CVS Specialty Pharmacy will price as a Retail Non-Specialty Claim. <br />* Please Note: <br />•Please see Participating Group Agreement and supplemental documents for full Terms and Conditions <br />25 <br />Additional Terms and Conditions as follows are for clients on our contract and <br />are effective January 2025 –December 2025. <br />Pharmacy Benefits