Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Prescription Benefits Change Order topic
No spam. Unsubscribe anytime.
City Finance Office Seeks $31.2 Million Change Order for Prescription Benefit Contract
Summary
The administration informed the council of a $31,205,711.02 change order request to the municipal prescription benefit manager, citing higher usage and more covered lives as the cause.
Nicole Dupree, from Jersey City’s Office of Employee Benefits, told the Municipal Council caucus on Monday that the city will seek a change order to increase the contract amount for its prescription benefit manager by $31,205,711.02.
Dupree identified the vendor as the prescription benefit manager that provides coverage for retirees, active members and their dependents, and said the increase is driven by higher utilization and a larger number of lives on the contract.
Council members asked whether the change order would mean increased drug spending this year; Dupree replied that the rise is due to “usage and the number of dependents, the number of lives on the contract.” The resolution number read at caucus was 25-360.
No vote occurred during caucus; the item was presented for council consideration at the upcoming formal meeting. The Office of Employee Benefits did not provide a line-by-line breakdown of the additional costs during the caucus; Dupree said she could confirm further details on request.
The administration’s presentation did not identify whether the change order would be funded from a specific municipal operating account or reserves; the caucus discussion did not contain a formal funding-source declaration.
