WellPoint NextRx has announced a new four-year agreement with Trustmark, a provider of health, life and benefit administration services, to serve as the pharmacy benefits manager for Trustmark's health insurance plan members, effective January 1, 2008.
Under this agreement, NextRx will continue to provide Trustmark with pharmacy benefits management services, utilizing integrated management system to provide claims processing, network management mail services, specialty drug services, formulary management and prior authorization services.
WellPoint NextRx will also support Trustmark’s pharmacy benefit clinical programs and drug utilization review. NextRx has served as Trustmark’s pharmacy benefits manager (PBM) since 2006.
Renwyck Elder, president of WellPoint NextRx, said: Through our collaboration with Trustmark, we have worked to help them develop programs that provide their members access to quality medications that are more affordable.