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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 />2025 additional pricing, terms and conditions <br />•Each Participating Group shall have sole financial responsibility for the payment of Claims for benefits rendered. <br />•Payments not received shall bear a service fee of one percent (1%) per month (or, if less, the highest rate allowed by <br />law), from the due date until paid in full. <br />•Participating Group shall provide CVS/Caremark with a current and accurate copy of the Plan Document, concerning <br />Plan design, prescription drug benefit planning, eligibility, benefits to be provided, limitations and claim review and <br />procedures. <br />•Participating Group acknowledges that Participating Group’s use of the Program may impact the Agreement and <br />underwriting assumptions, including Rebates. <br />•Neither your Administrator nor CVS Caremark will be liable for any loss, expense, cost, liability, damages or claims <br />incurred by Participating Group as a result of Participating Group’s Program, including but not limited, to the IRS’ <br />disallowance of any drug claim that bypassed a HDHP deductible through Participating Group’s Program. <br />•Participating Group accepts and adopts the Preventive Care Drugs List as a part of Participating Group’s plan design <br />to be administered by CVS Caremark. <br />•Financial Responsibility. If at any time during the Plan term, Participating Group fails to comply with the payment <br />terms as set forth in related agreements and the Participating Group Agreement on three (3) or more occasions <br />within a four (4) month period, then CVS Caremark may request information, reasonable assurances or both from <br />Participating Group as to Participating Group’s financial responsibility (including a deposit in an amount equal to two <br />(2) billing cycles based upon the average of the last three (3) months of billing history). <br />Specialty: <br />•Non-specialty medications dispensed by the specialty pharmacy will receive standard retail 30-day supply rates. <br />•Prior Authorization, $30.00 per PA; fee doesn’t apply to specialty drug claims when Participating Group with <br />Exclusive CVS Specialty pharmacy elects Specialty Guideline Management (SGM) program. <br />•Instances in which Administrator's Participating Groups elect Exclusive Specialty, CVS Specialty mail pharmacies, <br />including Specialty Connect, will be the exclusive provider of specialty pharmacy services. Claims for specialty <br />products will not be processed through the retail network, except for those specialty drugs that CVS Specialty mail <br />pharmacies are unable to dispense. <br />•Limited Distribution Drug” means a Covered Drug that is distributed by a limited number of specialty <br />•pharmacy providers as determined by exclusive or preferred vendor arrangements with the pharmaceutical <br />•Manufacturer. <br />•In the event of an industry-wide product shortage, CVS Caremark reserves the right to adjust pricing upon notice to <br />the Participating Group. <br />Specialty Per Diems: <br />•Remodulin, Veletri, Flolan, Epoprostenol Sodium & Treprostinil Sodium & Zulresso for Injection: $60 per day. <br />•Ventavis: Participating Group acknowledges and agrees an I-Neb is necessary for the administration of Ventavis. <br />•For each I-Neb provided to Plan Participant, upon the initiation of therapy or in the event a replacement 1-Neb is <br />necessary, Participating Group shall reimburse CVS Caremark $1,811 for each I-Neb. <br />•Unless otherwise stated above: $75 per dose. <br />•Nursing Charges: $225.00 per visit up to 2 hours, $110.00 for each hour thereafter. <br />•Alternatively, CVS Caremark can refer any medically necessary nursing services to the Participating Group’s <br />contracted nursing agency, in which case nursing services will be billed separately by those agencies. <br />* Please Note: <br />•Please see Participating Group Agreement and supplemental documents for full Terms and Conditions <br />26 <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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