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The NMHCRX managed retail pharmacy program produces cost savings for plan sponsors while providing members with a convenient, inexpensive way to fill prescriptions. Over 51,000 pharmacies in all 50 states and Puerto Rico participate in the NMHCRX network. The network includes national chains, local chains and independent pharmacies. To find a retail pharmacy near you, visit the provider search. Customizing a NetworkCustomizing a Network Plan, sponsors have a great deal of flexibility in structuring an NMHCRX retail pharmacy network for their plan members. A plan may offer:
NMHCRX negotiates with participating pharmacies to fill prescriptions at a substantial discount. The pharmacy also receives a "dispensing fee" negotiated by NMHCRX. For brand name drugs, the price is the lower of the pharmacy's usual and customary price or the contracted discount off the average wholesale price. For generic drugs, participating pharmacies must agree to accept the price generated from the NMHCRX maximum allowable cost (MAC) list. While pharmacies are free to purchase drugs from any manufacturer, the MAC list creates the financial incentive for them to dispense lower cost generic drugs without compromising the quality of care. On-Line
Services Eligibility check - Verifies that the person is eligible to participate in the NMHCRX network. Price verification - Tells the pharmacist what price to charge based on the pharmacy's contract with NMHC. |
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