April 9, 2008 E-MAIL PRINT

Prescription Drug Providers

Dow Jones has made a change in prescription drug providers, replacing Aetna with CVS Caremark.


Such a change was discussed during contract bargaining last year. IAPE made it clear then — and has repeated since then — that our agreement to any such change in providers would depend on the new provider delivering better choices for IAPE members — improving the chances that your prescription drug of choice will be on the less expensive "formulary" list instead of the more expensive "non-formulary" list.

We're in the process of comparing the two services to ensure that, in fact, the switch has delivered what was promised.

At the same time, we have a general concern about how "formulary" and "non-formulary" lists are created. We'll be running down the answers and will be exploring our options.

We'll keep you up to date.

Steve Yount

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