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BUSINESS INSURANCE DIRECTORY OF PRESCRIPTION BENEFIT MANAGERS: A

Posted On: Aug. 2, 1998 12:00 AM CST

Albertsons Better Care Solutions

250 Park Center Blvd., Boise, Idaho 83706; 208-395-5920;fax: 208-395-6103

1997 revenues

Total gross revenues$224,000

PBM gross revenues$224,000

PBM unbundled revenues$224,000

PBM clients

Total12

Employer/group plans with direct service12

Lives covered

Group Health:

Total120,000

Through employers98%

Through Medicare/Medicaid2%

Workers Compensation:

Active enrollees200

Through employers100%

Retail network

Pharmacy locations40,000

Mail-order services

Percent of prescription volume5%

Generic usage

Percent of prescription volume42%

Staff

Total14

Professionals5

Includes: 3 registered pharmacists

PBM services since: 1994.

Parent: Albertsons Food & Drug; primary business: retail pharmacy.

Services: Retail pharmacy network*, mail-order distribution, claims processing, online claims processing*, concurrent utilization review, disease management, benefit design consulting, formulary management/review, monitoring of physician prescribing practices, patient education, compliance & persistency program.

Formularies offered: Open, restricted/customized.

Pharmacies contracted: Independently owned; retail chains.

Reports provided: Physician prescribing patterns, generic vs. name brands dispensed analysis, prescription by age.

Service area: Western states, plus Arkansas, Florida, Louisiana, Missouri, Tennessee, Texas.

Billing methods: Fee per claim. Volume discounts to employers.

* Subcontracted.

AmeriScript Inc.

4301 Darrow Road, Suite 4200, Stow, Ohio 44224; 330-686-7010; fax: 330-686-7011

www.chandler-group.com

1997 revenues

Total gross revenues$589,346

PBM gross revenues$589,346

PBM unbundled revenues$589,346

PBM clients

Total741

Employer/group plans with direct service741

Lives covered

Group Health:

Total137,514

Through employers100%

Retail network

Pharmacy locations40,000

Mail-order services

Percent of prescription volume95%

Generic usage

Percent of prescription volume50%

Staff

Total38

Professionals34

Includes: 4 registered pharmacists

PBM services since: 1986.

Parent: The Chandler Group of Cos.; primary business: pharmacy benefit manager.

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, closed, restricted/customized.

Pharmacies contracted: Independently owned; retail chains, including CVS, Eckerd, KMart, Rite Aid, Walgreens, Wal-Mart.

Reports provided: Physician prescribing patterns, generic vs. name brands dispensed analysis, employee utilization, ingredients billed vs. ingredients paid.

Service area: Nationwide.

Billing methods: Fee per claim.

Officers: James Keith Piper, president; Joe Colosi, senior vp-managed care; Arthur W. Chandler, chairman; Michelle Swigonski, president-AmeriScript; Cindy Craig, senior vp-operations.

Contact: Michelle Swigonski.

* Subcontracted.