www.mymanatee.org
Bradenton Area Convention Center One Haben Boulevard, Palmetto - Longboat Key Room 9:00 a.m. - September 29, 2020
REVISED - September 29, 2020 - Regular Meeting
Agenda Item #19


Subject
Execution of Amendment No. 5 to Prescription Drug Benefit Administration Agreement

Briefings
None

Contact and/or Presenter Information
Contact: Stacia Branco, Senior Procurement Agent, Financial Management Department, Procurement Division, Ext. 3041

Presenter: Leslie Strickland, Benefits Manager, Human Resources Department, Ext. 6432


Action Requested
Authorize the Procurement Official, or designee, to execute Amendment No. 5 for Prescription Drug Benefit Administration Agreement with OptumRx, Inc., to increase the Agreement aggregate total not-to-exceed amount in the amount of $355,000.00 for a revised aggregate Agreement total not-to-exceed amount of $1,000,000.00.

Enabling/Regulating Authority
Manatee County Code of Laws

Background Discussion
On January 1, 2017, the County entered into a two-year Prescription Drug Benefit Administration Agreement with OptumRx, Inc., to provide administrative, management, consultative, clams processing and other general pharmacy benefit management support services in conjunction with administration and operation of the County’s benefit plan offered to employees and their families by the County’s Employee Health Benefits Division. The estimated Agreement total was within the Procurement Officials approval authority to execute. 

On December 28, 2018, the parties entered into Amendment No. 1 that revised the term of the Agreement to incorporate a four-year renewal option and incorporate Section 3.9, Market Check, into the Agreement. 

On August 13, 2019, the parties entered into Amendment No. 2 which incorporated an enhanced savings program addendum in the Agreement. 

On October 22, 2019, the parties entered into Amendment No. 3 which established an aggregate Agreement not-to-exceed total of $645,000.00 and amended the Agreement terms and conditions.  

On November 1, 2019, the parties entered into Amendment No. 4 to remove Exhibit F, Enhanced Savings Program. 

Amendment No. 5 increases the Agreement aggregate total not-to-exceed amount in the amount of $355,000.00 for a revised aggregate Agreement total not-to-exceed amount of $1,000,000.00.


County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records

Original to Board Records.

Copies to: 
OptumRx, Inc.: Sarah Bujak (sarah.bujak@optum.com)

Human Resources Department: Lesli Strickland (lesli.strickland@mymanatee.org)

Procurement Division: Stacia Branco (stacia.branco@mymanatee.org) / (approvedeagendas@mymanatee.org)



Cost and Funds Source Account Number and Name
$1,000,000.00 – 5060004100 – Human Resources Health Self Insurance EHB Administration

Amount and Frequency of Recurring Costs
N/A


Attachment:  Amendment # 5, OptumRx, Prescription Drug Benefit Admin.pdf