ANNUAL DIRECTORY OF PRESCRIPTION BENEFIT MANAGERS
Posted On: Aug. 3, 1997 12:00 AM CSTG
GenPlus Managed Care Inc.
80 Marcus Drive, Melville, N.Y. 11747; 516-845-8460;
fax: 516-845-8488
1996 revenues
Total gross revenues$50,000,000
PBM gross revenues$5,000,000
PBM Clients
Total32
Employer/group plans with direct service22
Lives Covered
Group Health:
Total150,000
through employers70%
through third-party vendors30%
Retail Network
Pharmacy locations46,000
Mail-order services
Percentage of prescription volume20%
PBM services since: 1996.
Parent: Genovese Drug Stores; primary business: retail drug stores.
Services: Retail pharmacy network, mail-order distribution, claims processing*, online claims processing, concurrent utilization review, disease management*, retrospective utilization review*, benefit design consulting, formulary management/review, monitoring of physician prescribing practices*, patient education.
Formularies offered: Open.
Pharmacies contracted: Independently owned, retail chains.
Reports provided: Physician prescribing patterns, generic vs. name brands dispensed analysis, employee utilization, customized as requested.
Service area: Connecticut, New Jersey, New York.
Billing methods: Fee per claim.
Officers: Wayne Nash, president; Eileen Rainis, vp-administration; Chris Noonan, controller; Gene Wexler, vp/legal counsel; Kerry Benson, vp-sales.
Contact: Kerry Benson, 516-845-8650.
**Subcontracted.