We are pleased to announce that OptumRx has been chosen to replace CVS/Caremark as your Prescription Benefit Manager (PBM) effective January 1, 2019. In regards to this decision, your H&W Fund participates in the Internationals (IUOE) Healthcare Coalition, which represents over 440,000 lives. During their most recent negotiation for services for the 2019 – 2021 contract, OptumRx was chosen as the sole vendor by exceeding value and savings for the participants.
You can continue to use your same pharmacy, you will need to present your new OptumRx ID card so they can update your PBM information, and verify they are in your network. An exciting improvement is that you can now have a 90 day supply filled at any participating pharmacy. Also, there have been no changes to your benefit co-payment amounts.
If you received a letter from OptumRx advising that you will need to change your current medication to a less expensive version, you can disregard this notice as we have informed OptumRx that we do not require our participants to use a less expensive medication, it is your choice.
Should you have any questions or need to order additional ID cards, you can contact OptumRx member services by calling 1-855-295-9140. You can also print a temporary member ID card at Optumrx.com. In the coming weeks, we will also be mailing you new Medical ID cards that will include your new OptumRx information, then you will have all of your information on a single card.