Submitted By: Todd Swanson
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Presentation By: Todd Swanson
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Department: Human Resources and Risk Management
STAFF RECOMMENDATION (Motion Ready):
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Additional expenditures under the contract with ElectRx and Health Solutions, LLC to fund continued prescription benefit services for City employees through the end of the current contract term in the amount of $75,000
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OCALA'S RELEVANT STRATEGIC GOALS:
Fiscally Sustainable
PROOF OF PUBLICATION
N/A
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BACKGROUND:
On November 21, 2016, the City of Ocala entered into a Memorandum of Understanding (MOU) with ElectRx and Health Solutions, LLC, for the provision of a voluntary international and specialty mail-order pharmacy program to allow eligible employees and dependents access to maintenance and specialty medications at substantially reduced costs.
Contract History and Amendments:
* Original MOU (2016): Approved November 21, 2016, establishing the City's participation in the ElectRx program for a two-year term beginning January 1, 2017, and authorizing an initial expenditure of $96,000.
* First Amendment (June 6, 2017): Added coverage for specialty drugs and expanded pool of eligible participants, increasing authorized funding by $220,000 for a revised total of $316,000 [6-6-2017 Agenda Item L10-L25].
* Second Amendment (March 17, 2020): Extended the agreement through December 31, 2022, and allowed future two-year renewals upon mutual consent.
* Third Amendment (August 29, 2023): Renewed the agreement for the period January 1, 2023 - December 31, 2024, later corrected by the Fourth Amendment to extend through December 31, 2025.
* Fourth Amendment (March 28, 2025): Corrected the prior scrivener's error and confirmed the contract's renewal term through December 31, 2025, with authorization for future two-year renewals upon written consent.
FINDINGS AND CONCLUSIONS:
This program operates in conjunction with the City's employee health plan to provide access to brand-name and special...
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