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Aetna/CVS presents self-funded health plan proposal to Hillsborough County evaluation committee

2100720 · January 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Aetna, part of CVS Health, presented a proposal in response to RFP ARMP2424 912 to administer Hillsborough County's self-funded group health plan, highlighting pharmacy pass-through rebates, on-site clinic enhancements, care management and projected savings; committee asked implementation and compliance questions but took no formal action.

Aetna, a CVS Health company, presented a proposal on RFP ARMP2424 912 to the Hillsborough County Bid Presentations and Evaluation Committee on a virtual meeting held via communications media technology; the presentation outlined pharmacy pricing and pass-through rebate terms, proposed on-site clinic staffing and wellness services, and a three-year fee guarantee with implementation funding.

The proposal emphasized pharmacy integration through a National Association of Counties (NACo) coalition pharmacy agreement and a pass-through rebate model. "We are passing through 100% of rebates," Andrew Conroy, who leads Aetna's pharmacy team, said during the question-and-answer session; Conroy also answered "Yes" when asked whether Aetna is fully compliant with Florida's PBM law, SB 1550.

Why it matters: the county's choice of an administrator for a self-funded plan affects employee access to providers, out-of-pocket costs, and the county's health benefit expenditure. Aetna told the committee its proposal aims to lower specialty pharmacy spend and increase…

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