MedImpact_ADOA_Pricing_Proposal_2023-2025__12-16-2022.xlsx

XLSX spreadsheet 69 KB Posted

Attached to
Master Agreement AZ|CTR051357
Contract number
CTR051357
Issued by
Arizona

About this file

This document is a pricing proposal from MedImpact to the Arizona Department of Administration (ADOA) for a pharmacy benefits management contract, covering both commercial and Employer Group Waiver Plan (EGWP) segments. The proposal outlines pricing and rebate structures for various prescription drug channels including retail 30-day, retail 90-day, mail order, specialty retail, and specialty mail services.

The proposal presents detailed pricing terms for 2023-2025, featuring consistent discounting across drug categories. Brand and generic medication discounts range from 18.25% to 86.60%, with dispensing fees between $0.00 and $0.55. Rebate projections show incremental increases year-over-year, with potential for higher rebates if formulary changes are implemented for basal insulin and autoimmune drug classes. Rebate amounts vary by channel, with specialty channels showing the highest rebate potential, ranging from $1,853.85 to $3,126.00 depending on the year and formulary approach. The proposal offers two rebate scenarios: one with the current formulary setup and another contingent on specific formulary modifications.

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MedImpact Pricing Proposal

ADOA CommercialADOA EGWP (MVS01)
Current 2023Proposed 2023Proposed 2024Proposed 2025Current 2023Proposed 2023Proposed 2024Proposed 2025
Retail 30Brand Discount19.25%19.25%19.25%19.25%19.25%19.25%19.25%19.25%
Generic Discount86.50%86.50%86.55%86.60%85.50%85.50%85.55%85.60%
Dispensing Fee$0.40$0.40$0.40$0.40$0.55$0.55$0.55$0.55
Rebates (with current formulary set up)$245.01$252.00$270.00$289.00$195.14$201.00$215.00$230.00
Rebates (requires formulary changes to basal insulin and autoimmune classes)N/A$257.00$275.00$294.00N/AN/AN/AN/A
Retail 90Brand Discount23.00%23.00%23.00%23.00%23.00%23.00%23.00%23.00%
Generic Discount89.50%89.50%89.55%89.60%92.00%92.00%92.05%92.10%
Dispensing Fee$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Rebates (with current formulary set up)$735.03$757.00$810.00$867.00$585.43$603.00$645.00$690.00
Rebates (requires formulary changes to basal insulin and autoimmune classes)N/A$772.00$826.00$884.00N/AN/AN/AN/A
Mail OrderBrand Discount25.50%25.50%25.50%25.50%25.50%25.50%25.50%25.50%
Generic Discount89.50%89.50%89.55%89.60%90.75%90.75%90.80%90.85%
Dispensing Fee$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Rebates (with current formulary set up)$735.03$757.00$810.00$867.00$585.43$603.00$645.00$690.00
Rebates (requires formulary changes to basal insulin and autoimmune classes)N/A$772.00$826.00$884.00N/AN/AN/AN/A
Specialty RetailBrand Discount19.25%19.25%19.25%19.25%19.25%19.25%19.25%19.25%
Generic Discount86.50%86.50%86.55%86.60%85.50%85.50%85.55%85.60%
Dispensing Fee$0.40$0.40$0.40$0.40$0.55$0.55$0.55$0.55
Rebates, generic claims included (with current formulary set up)$2,205.08$2,492.00$2,791.00$3,126.00$1,853.85$2,095.00$2,346.00$2,628.00
Rebates, generic claims exclulded (with current formulary set up)N/A$2,723.00$3,050.00$3,416.00N/A$2,363.00$2,647.00$2,965.00
Rebates, generic claims included (requires formulary changes to basal insulin and autoimmune classes)N/A$2,536.00$2,840.00$3,181.00N/AN/AN/AN/A
Specialty MailBrand Discount18.25%18.25%18.25%18.25%19.50%19.50%19.50%19.50%
Generic Discount72.00%72.00%72.00%72.00%75.00%75.00%75.00%75.00%
Dispensing Fee$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Rebates, generic claims included (with current formulary set up)$2,205.08$2,492.00$2,791.00$3,126.00$1,853.85$2,095.00$2,346.00$2,628.00
Rebates, generic claims exclulded (with current formulary set up)N/A$2,723.00$3,050.00$3,416.00N/A$2,363.00$2,647.00$2,965.00
Rebates, generic claims included (requires formulary changes to basal insulin and autoimmune classes)N/A$2,536.00$2,840.00$3,181.00N/AN/AN/AN/A

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