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PROFESSIONAL_SERVICESPENDING

Iredell County Board of Commissioners Agenda Packet 2026-05-19

County Weighs Three-Year Pharmacy PBM Contract

The savings estimate with this move is $439,000 (10.6%) per yearIredell CountyCAREMARKPCS HEALTH LLCMay 19, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Description

Iredell County is considering a three-year pharmacy benefit management contract with CaremarkPCS Health, L.L.C. under the Employers Health Purchasing cooperative. The agreement, effective July 1, 2026 for Tier 3 Traditional coverage, is projected to save the County approximately $439,000 per year in employee and retiree pharmacy benefit costs.

Contract Details

Contract Amount

The savings estimate with this move is $439,000 (10.6%) per year

Vendor

CAREMARKPCS HEALTH LLC

Agency

Iredell County, NC

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 19, 2026

Contract Term

Three-year contract beginning July 1, 2026 (Participating Tier 3 Traditional)

Renewal Info

Pricing Agreement effective January 1, 2025 with Addendum for Iredell County effective 7/1/2026 under Participating Tier 3 Traditional; three-year term contemplated with future renewals or amendments likely via additional addenda.

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