074_State+Contract+Summary-Updated.docx

This document is a state contract summary for a Medical Term Contract associated with the Sovereign States Drug Consortium (SSDC), administered by the Department of Vermont Health Access (DVHA). The contract is identified by the number 074-DEPA and involves multiple states participating in a collaborative procurement effort. The primary contact is Ann Rugg from DVHA, located at 80 Austin Drive in Burlington, Vermont, who can be reached at 802-658-6429.

The contract's primary purpose is to collectively solicit, negotiate, and procure pooled Medicaid supplemental drug rebates and Medicaid pharmacy benefit rebate bids on behalf of SSDC member states. The consortium aims to leverage collective purchasing power to secure competitive pricing and terms for pharmaceutical procurement across participating states. While specific pricing details are not provided in the document, the contract appears designed to create a collaborative mechanism for cost-effective drug purchasing and rebate management for Medicaid programs.