Title
Resolution Authorizing Express Scripts Advanced Utilization Management Proposal for the City's Prescription Drug Program
Summary
Description of Topic: (who, what, where, when, why and how much)
Resolution Authorizing Express Scripts Advanced Utilization Management Proposal for the City's Prescription Drug Program. It is common practice in the health care industry to incorporate utilization management strategies regarding prescription drug programs such as prior authorization, step therapy and drug quantity. The Human Resources department desires to implement industry standard prescription utilization drug strategies to better control employee health care costs for the City. The anticipated annual savings by incorporating the Express Scripts for Advanced Utilization Management Strategies proposal is $68,180 for the first year of implementation. Savings will be measured to determine if the program is effective and can be modified and/or cancelled at any time.
Budgetary Impact: n/a
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, it is common practice in the health care industry to incorporate utilization management strategies regarding prescription drug programs such as prior authorization, step therapy and drug quantity, and
WHEREAS, the Human Resources Department desires to implement industry standard prescription utilization drug strategies to better control employee health care costs for the City, and
WHEREAS, the anticipated annual savings by incorporating the Express Scripts proposal for Advanced Utilization Management Strategies is $68,180 for the first year of implementation, and
WHEREAS, savings will be measured to determine if the program is effective and can be modified and/or cancelled at any time.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: The Express Scripts proposal for Advanced Utilization Management Strategies is hereby approved effective January 1, 2017.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.