Pharmacy Benefit Management Services

This contract provides pharmacy benefit management (PBM) services to Washington County Public Schools, covering prescription drug coverage for the school district’s employees and dependents. The award was made to Cigna, a major health insurance and PBM provider, after a competitive solicitation (Bid No. 2020‑34) that attracted multiple vendors for related health‑benefit components (medical, vision, and pharmacy). The PBM services are integrated with other health‑benefit contracts and become effective July 1 2020, with a three‑year fiscal horizon ending June 30 2022. The contract’s financial model includes fixed administrative fees, stop‑loss insurance, and per‑member‑per‑month allowances, aiming for cost efficiency and continuity of pharmacy coverage. • Scope: Administration of prescription drug benefits (claims processing, network management, rebate handling, reporting). • Awardee: Cigna (sole PBM provider for the district). • Term: Effective 7/1/2020 through 6/30/2022 (approximately 2 years, covering three fiscal years). • Competitive Process: Full and open competition with multiple vendors evaluated, but only Cigna was selected for the PBM component. • Financial Context: Integrated cost analysis shows total three‑year “all‑in” cost of roughly $140 million for the combined medical, vision, and pharmacy package, with the PBM portion embedded in this overall spend.