HomeMy WebLinkAbout1995-046 Prescription Drug Plan1
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RESOLUTION NO. 46-95
A RESOLUTION OF THE VILLAGE COUNCIL OF THE
VILLAGE OF NORTH PALM BEACH, FLORIDA, TO
PROVIDE FOR AND MAKE AVAILABLE A PRESCRIPTION
DRUG PLAN FOR ALL FULL-TIME EMPLOYEES OF THE
VILLAGE OF NORTH PALM BEACH; AND, PROVIDING
FOR AN EFFECTIVE DATE.
BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM
BEACH, FLORIDA:
Section 1. The Village Council of the Village of North
Palm Beach does hereby provide for and make available a
prescription drug plan for all full-time employees of the Village
in accordance with the plan set forth in the letter from McCreary
Corporation dated January 27, 1995, and attached as Exhibit "A".
Section 2. This Resolution shall take effect on October
1, 1995.
PASSED AND ADOPTED THIS 28TH DAY OF SEPTEMBER , 1995.
(Village Seal)
ATT
VILLAGE CLERK
MAYOR
EXHIBIT "A"
NTH CREARY CORPORATION
January 27,1995
Mr. Shaukat Khan
Village of North Palm Beach
501 l:.S. Highway N1
\':'rth Palm Beach, FL 33406
Dear Shaukat:
Endo ed is the Information you requested on a drug card program. Following is
an explanation of how the plan work,.
Prescription drugs that are purchased at participating pharmacies, will be
discounted as indicated on the proposal attached. For example, an employee
purchases a generic drug. 7tw pharmadst will collect S4.00 from the employee.,
and the remaining amount which Includes a 30% discount off of the Average
Wholesale Price (AWP), as well as the dispensing fees and administration cost,
will be billed to McCreary Corporadon. McCreary Corporation will then
reimburse Scrip Card in the same manner as we would any other vendor, on
behalf of the Village.
Also Included in this program is a Mall Order program, which provides a more
cost effective means of obtaining praaipdnn drugs, for up to a 90 day supply.
As 1 previously indicted to you, the prescription drug card program should not
have much of an affect on claim paymtnb. The discounts received to this
program, should offstt any increased usage by having deductibles waived.
Shaukat, t wanted to further mention that the co -payments paid by the
participants, are nut applied to the deductible under the medical plan. If yuu
deride to implenwnt this program, you may want to inform participants, so that
there is no mitunderstan<ling.
if you have any further questions, please feel free to call me.
Sincerely,
SVibe
usan L. Nea
Benefits Specialist
700 ccntnl Pia way, Stuart. Hondo 1•991 • t/07) 267.7650 • FAX (407) 287.1)87