National Drug Purchasing Coalition - member companies include PepsiCo, Inc. and ExxonMobil - and Express Scripts Team Up to Create New Pharmacy Benefit Design for Greater Performance Accountability, Transparency, and Alignment
The Total Performance Management offering is a novel pharmacy benefit model providing employers with more transparency to the true costs of prescription medications, alignment with
"The Total Performance Management solution is a breakthrough in pharmacy benefit management. It represents a comprehensive, pay-for-performance approach to driving clinical quality and affordability. It aligns the PBM compensation to our goals as an employer – improving the health of our employees while keeping costs sustainable for employees and the company," said
The new model has two areas of focus:
- Pay-for-performance for clinical and administrative plan management that improves patient and plan outcomes.
Express Scriptswill demonstrate, definitively, that it does not just buy better, but manages trend and spend better. Express Scripts'ability to deliver clinical and financial outcomes is directly tied to its compensation. Pay-for-performance means Express Scriptswill take on more risk from clients, and be rewarded only when it delivers on agreed-to commitments.
- Clients pay what
Express Scriptspays for prescription drugs plus administrative fees ensuring clients have the transparency they want. By adding clarity to costs, our clients will have a more direct line of sight to the true cost of drugs net of all manufacturer discounts, rebates and incentives.
"In working with NDPC, we will tie our performance directly to plan goals, and leveraging our patient-centered approach to pharmacy care and deep data insights to measurably and meaningfully improve the health of the member companies employees and dependents," said
The NDPC is an exclusive group of the nation's largest, most forward-thinking employers that use their collective purchasing power to negotiate high quality, cost-effective and innovative solutions for managing pharmacy benefits. Founded in 1996, the NDPC is the industry's first premier employer-led purchasing coalition in the industry. The NDPC consist of 18 companies representing diverse sectors, from energy to consumer goods and entertainment, with a combined prescription drug spend of more than
The NDPC works with
"Our innovative collaboration with the NDPC provides a real solution to better managing pharmacy spend," said
With an extra focus, initially, on five key therapeutic areas – diabetes, cardiovascular, pulmonary, autoimmune inflammatory treatments and pain/opioids – therapeutic areas that matter most to payers,
"Some may talk about transforming the delivery of pharmacy care, but the NDPC and
Advantages of Joining NDPC
Be part of the industry's first premier employer-led pharmacy benefits coalition and enjoy reduced costs and much more:
- No membership dues or fees
- Ability to negotiate collectively while contracting individually
- Comprehensive guarantees for pricing and transparency, account and member services, and clinical and financial performance
- Complete autonomy and control over plan design and drug coverage
- Dedicated, experienced
Express Scriptsaccount team
- Expertise of a leading benefits consulting firm for advice, PBM oversight and negotiations
- Best in class drug trend
Our home base is
We believe healthcare can do more. We are Champions For BetterSM.
For more information, visit Lab.Express-Scripts.com or follow @ExpressScripts on Twitter.
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