RECOMMENDATION(S):
APPROVE and ACKNOWLEDGE that, by its terms, the contract between the County and Financial Marketing Concepts, Inc. (dba Coast2Coast Rx Card), pertaining to the Pharmacy Discount Prescription Card Program and initially approved by the Board on January 7, 2010 (Item C.23), with a maximum annual payment to the County of $500,000, does not terminate on December 31, 2017 but, instead, will renew automatically each year unless it is terminated by the Health Services Director on thirty days written notice.
FISCAL IMPACT:
Approval of this Board Order will result in no change in the potential estimated income received by the County of $500,000 per year. Contra Costa County will bear no cost as FMC pays for all expenses for the care and distribution. Implementation of the Pharmacy Discount Prescription Card Program, royalties of $0.75 per filled prescription will be received by the County from FMC and would be directed to the Health Services Department to offset funds used to provide medical services to the uninsured. The royalties will not increase the price of the prescriptions for the residents of the County.
|