A cooperative that has grown from three founding members in 2004 to 159 members in 2014 must be doing something right.

WisconsinRx National CooperativeRxThat cooperative is WisconsinRx/National CooperativeRx, which recently celebrated its 10-year anniversary with its members and their agents at an educational event in Wisconsin Dells.

The Secrets to Success

The Alliance was a founding member of National CooperativeRx and I have been honored to serve on the National CooperativeRx Board of Directors throughout its history.

From my perspective as a board member and the current board chairman, there are four key reasons for the emergence of National CooperativeRx as a major player in the pharmaceutical industry.

  • Beating Trend. National CooperativeRx has achieved an aggregate nine-year average annual trend of negative 0.7 percent. For 2013 alone, the overall trend was negative 0.8 percent. That means that it costs less per participant to provide pharmacy benefits than it did one year earlier, on average and cooperative-wide.
  • Carrying It Forward. National CooperativeRx just completed an extensive search and review process for its partner in pharmaceutical benefit management. CVS Caremark came out as the
    winner in this process based on pricing, nationwide accessibility and value. The new three-year contract will deliver aggregate savings of 10 percent, which is conservatively estimated to add $36
    million in savings for members.
  • Continuing to Grow. National CooperativeRx added 30 new members representing 27,115 participants in 2013. That gives the cooperative the continued strength needed to negotiate on behalf of its members.
  • Focusing on Service. Instead of offering a one-size-fits-all solution, National CooperativeRx uses a consultative process to find solutions that meet the needs of members. Among its results is a generic dispensing rate that reached 80.1 percent in 2013.

A Cooperative Approach to Pharmaceutical Benefit Management

Like The Alliance, National CooperativeRx has succeeded by staying true to its mission as a not-for-profit organization founded and owned by participating members. That’s one more reason that The
Alliance continues to work with National CooperativeRx in a mutually beneficial relationship that delivers additional savings to Alliance members who choose to take advantage of this option.

National CooperativeRx works hard to achieve higher value in prescription benefits through volume purchasing, clinical solutions, actionable data and meeting the needs of its members. Here’s looking forward to another 10 years of delivering effective pharmaceutical benefit management to members!

WisconsinRx National CooperativeRx Board

The WisconsinRx/National CooperativeRx board and friends include, from left: Jim Malicki, Lori Malicki, Judy Peirick, Paul Meyer, Larry Richardson, Penny Mandt, Deb Hayden, Robin Mullins and Deb Padfield.

More information

Learn more about The Alliance relationship with WisconsinRx/National CooperativeRx and how you can benefit.

Paul Meyer

Paul Meyer

Chief Operating Officer at The Alliance
Paul Meyer joined The Alliance in 1996 and served as the director of finance and operations until he became chief operating officer in 2007. As the COO of The Alliance, his main duties include overseeing the claims and customer service, finance, MIS, and HR departments as well as business planning and reporting. Meyer also serves as the treasurer of The Alliance Board of Directors.

In addition to his work at The Alliance, Meyer serves as board chair for National CooperativeRx / WisconsinRx, providing direction for this not-for-profit prescription drug purchasing cooperative. Meyer also serves on a number of other boards, including the Wisconsin Statewide Health Information Network (WISHIN), Catholic Charities of Madison, and All Saints Neighborhood.

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