PROFESSIONAL_SERVICESPENDING

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

County Taps EHPC Cooperative for PBM Pricing

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

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Description

Iredell County plans to utilize Employers Health Purchasing as its cooperative to access a Caremark pharmacy benefit services contract. The cooperative agreement structures pricing, rebates, and specialty drug terms anticipated to generate $439,000 in annual savings for the County’s pharmacy program.

Contract Details

Contract Amount

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

Vendor

EMPLOYERS HEALTH PURCHASING

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 Date

2028-07-01

Renewal Info

Cooperative-based Prescription Benefit Services Agreement effective 1/1/2025 with subsequent addenda, including a 7/1/2026 Addendum for Iredell County’s Tier 3 Traditional participation; renewals or extensions would be handled via future addenda or revised pricing agreements.