County amends and extends OptumRx pharmacy benefits pact
Warren CountyCounty · Lebanon, OH- Disclosed value
- Broker fee $55,000 per year; PMA up to $5.00 per member annually; service fees $0.00 per Net Paid Claim for Retail 30, Retail 90, Mail Service; rebates 100% pass-through with guaranteed minimums; monthly payment of $2,083.33 (2020–2022) and $55,000 per year (2023 onward) to Client's designated broker or consultant
- From resolution
- Document date
- Sep 26, 2023
The 30-second brief
The Warren County Board of County Commissioners approved Amendment III to its Prescription Drug Benefit Administration Agreement with OptumRx, Inc., extending the pharmacy benefit management term through December 31, 2025 with options for annual renewals. The amendment updates renewal terms, transition assistance, market check and audit provisions, and revises compensation, rebate pass-through, and broker fee arrangements.
Optumrx Inc holds this insurance contract with Warren County. Its other public contracts on record include work for Pace Suburban Bus Division Of The Regional Transportation Auth and City of Irwindale.
Term as filed: Original term January 1, 2014 – December 31, 2016; First Renewal Term January 1, 2017 – December 31, 2019; Second Renewal Term January 1, 2020 – December 31, 2022; Third Renewal Term January 1, 2023 – December 31, 2025; thereafter successive 12‑month renewals upon mutual agreement.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Insurance
- Amount
- Broker fee $55,000 per year; PMA up to $5.00 per member annually; service fees $0.00 per Net Paid Claim for Retail 30, Retail 90, Mail Service; rebates 100% pass-through with guaranteed minimums; monthly payment of $2,083.33 (2020–2022) and $55,000 per year (2023 onward) to Client's designated broker or consultant
- Document date
- September 26, 2023
- Term
- Original term January 1, 2014 – December 31, 2016; First Renewal Term January 1, 2017 – December 31, 2019; Second Renewal Term January 1, 2020 – December 31, 2022; Third Renewal Term January 1, 2023 – December 31, 2025; thereafter successive 12‑month renewals upon mutual agreement
- Vendor
- Optumrx Inc
- Agency
- Warren County
- Source document
- Warren County Board of County Commissioners Resolution 23-1213 2023-09-26 (Resolution)
Optumrx Inc's other public contracts
More Warren County contracts
Questions about this contract
Who was awarded the insurance contract by Warren County?
Optumrx Inc was awarded this insurance contract by Warren County, as recorded on September 26, 2023. The contract value is Broker fee $55,000 per year; PMA up to $5.00 per member annually; service fees $0.00 per Net Paid Claim for Retail 30, Retail 90, Mail Service; rebates 100% pass-through with guaranteed minimums; monthly payment of $2,083.33 (2020–2022) and $55,000 per year (2023 onward) to Client's designated broker or consultant.
How much is the Optumrx Inc contract with Warren County worth?
The Optumrx Inc contract with Warren County is valued at Broker fee $55,000 per year; PMA up to $5.00 per member annually; service fees $0.00 per Net Paid Claim for Retail 30, Retail 90, Mail Service; rebates 100% pass-through with guaranteed minimums; monthly payment of $2,083.33 (2020–2022) and $55,000 per year (2023 onward) to Client's designated broker or consultant, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Warren County Board of County Commissioners Resolution 23-1213 2023-09-26 (Resolution), dated September 26, 2023 from Warren County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Optumrx Inc hold?
Optumrx Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Warren County currently buying?
Explore Warren County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.