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On agenda:
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10/3/2023
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Final action:
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Title:
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Approve the increase of funding to the Contract with Navitus Health Solutions, LLC, for RFP No. 604027-16, for Prescription Benefits Manager Services for Clark County's Self-Funded Prescription Drug Plan; and authorize the Chief Financial Officer or her designee to issue purchase orders; subject to approved budget appropriations; or take other action as appropriate. (For possible action)
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CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Jessica Colvin, Chief Financial Officer Les Lee Shell, Deputy County Manager |
Recommendation:
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Approve the increase of funding to the Contract with Navitus Health Solutions, LLC, for RFP No. 604027-16, for Prescription Benefits Manager Services for Clark County's Self-Funded Prescription Drug Plan; and authorize the Chief Financial Officer or her designee to issue purchase orders; subject to approved budget appropriations; or take other action as appropriate. (For possible action)
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FISCAL IMPACT:
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Fund #: |
6520 |
Fund Name: |
Self-Funded Group Insurance |
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Fund Center: |
1020520000 |
Funded PGM/Grant: |
N/A |
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Amount: |
$6,000,000 |
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Description: |
Prescription Benefits Manager Services for Clark County’s Self-Funded Prescription Drug Plan |
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Additional Comments: |
The total Contract award was in the amount of $4,939,310.77. Amendment No. 1 had no fiscal impact. Amendment No. 2 had no fiscal impact. Amendment No. 3 increased the Contract amount by $354,757.20. Amendment No. 4 increased the Contract amount by $2,265,550. Amendment No 5 had no fiscal impact. To date, the total Contract amount used is $5,969,997.99. The additional funding increase of $6,000,000 will bring the total Contract amount to $13,559,617.97. |
BACKGROUND:
On August 2, 2016, the Board of County Commissioners (Board) approved the award of RFP No. 604027-16 to Navitus Health Solutions, LLC (LBE) in the amount of $4,939,310.77 for Prescription Benefit Manager Services.
This Contract is for Prescription Benefit Manager Services with Navitus Health Solutions, LLC (LBE).
The following are the pertinent provisions of the Contract:
• The term of the Contract was from date of award through December 31, 2017 and included the option to renew for 6, one-year periods. There are 2 renewal options remaining per Amendment No.4.
• Included the County’s option to terminate for cause, convenience or default and suspend the Contract with advanced written notice.
This approval will provide for additional funding for increased utilization of Co-Pay Max Plus.
Navitus Health Solutions, LLC currently holds a Clark County Business License.
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