|
As a reminder, AlignRx declined PSAO participation in the Caremark 2023 Medicare Part D Retail Centene Performance Network Program – Standard 2 due to the proposed reimbursement rates.
The network rates offered were very aggressive, and the DIR withhold rate was excessive. If AlignRx had signed this contract, your pharmacy would lose, on average, $2.93 per script. Further, the DIR withhold rate, off ingredient cost paid, is between 15% and 17% for brand drugs and 39% to 41% for generic drugs—yielding an average DIR withhold of $26.83 per script.
NOTE: Caremark informed AlignRx that pharmacies will not be able to sign a direct contract for the Centene WellCare and Health Net plans in 2023.
|