Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with Bluegrass Family Health to provide prescription benefits at a cost not to exceed $7,000,000. [Chief Administrative Officer, Moloney]
Summary
Authorization to enter into a three year Administrative Services Agreement with Bluegrass Family Health as a Pharmacy Benefits Manager of the LFUCG employee prescription benefit plan. (L502-11) (Moloney)
This is a request to enter into a three year Administrative Services Agreement with Bluegrass Family Health as a Pharmacy Benefits Manager of the LFUCG employee prescription benefit plan at an anticipated annual cost of $7,000,000.00 for providing these services.
Budgetary Implications: Yes/NO
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes/No/Partial
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: 6002-160504-1841-63612 $5,514,618.05
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute the Agreement, which is attached hereto and incorporated herein by reference, with Bluegrass Family Health to provide prescription benefits.
Section 2 - That an amount, not to exceed the sum of $7,000,000.00, be and hereby is approved for payment to Marathon Health Inc., from account # 6002 160504 63612, pursuant to the terms of the Agreement.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
PUBLISHED: