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Client C is renewing its contract with Caremark. Caremark has proposed increasing the discounts on brand and generic drugs while decreasing the dispensing fee per
Client C is renewing its contract with Caremark. Caremark has proposed increasing the discounts on brand and generic drugs while decreasing the dispensing fee per claim. Utilization and prices are expected to remain the same for this client. Use the data below to respond to Questions 24-28. |
Client C Data | Current | Proposed | |
Retail Brand Claims | 6,000 | 6,000 | |
Retail Generic Claims | 26,000 | 26,000 | |
Total Retail Claims | 32,000 | 32,000 | |
Retail Brand Price | $ 350.00 | $ 350.00 | |
Retail Generic Price | $ 120.00 | $ 120.00 | |
Current Pricing | Proposed Pricing | Savings ($) | |
24. Retail Brands Discount | 14.50% | 15.00% | $ |
25. Retail Generics Discount | 62.00% | 64.0% | $ |
26. Retail Brand Dispensing Fee Per Claim | $1.75 | $1.50 | $ |
27. Retail Generic Dispensing Fee Per Claim | $1.75 | $1.50 | $ |
28. Total Annual Savings | $ |
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