Number
110177
Version
Substitute 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the Department of Employee Relations to contract with Medco Health Solutions for prescription benefit management services as part of City health benefits for 2012-2014.
Analysis
This resolution authorizes the Department of Employee Relations to contract with a new vendor, Medco, to administer the City’s self-insured prescription benefit plan for 2012, 2013 and 2014, and to extend this contract for an additional 2 years with the approval of the Common Council. The incumbent vendor, Navitus, has been the City’s prescription benefit plan administrator for several years.
Body
Whereas, The contract between the City and Navitus Health Solutions to provide prescription benefit management services as part of the City health benefits will end on December 31, 2011; and
Whereas, The Department of Employee Relations, working with Willis of Wisconsin, has prepared a Request for Proposals (RFP) to help determine the best administrator for the prescription benefit management services; and
Whereas, The result of the RFP process indicates that City should contract with Medco among the 10 vendors to better control costs in the future; and
Whereas, The City is interested in sustaining good health benefits for all City employees and retirees at the most affordable costs to City employees and retirees and the City; therefore, now, be it
Resolved, By the Common Council of the City of Milwaukee, that the Department of Employee Relations is authorized to execute a contact, in conjunction with the City Attorney, for a 3-year period, January 1, 2012 through December 31, 2014 with Medco to provide and administer prescription benefit management services; and, be it
Further Resolved, That the Department of Employee Relations is authorized to extend the contract for up to 2 years with Common Council approval.
Drafter
DER
MB
07/11/11
LRB #131363-2
Aaron Cadle
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