To prepare for annual renewal, the blackout period for modeling group benefits plans on the Employee Benefits website begins at 8 a.m., Eastern time, on June 2. When annual renewal opens at 9 a.m., Eastern time, on August 14, the[…]
In early May, NRECA Medical Plan participants with prescriptions for Zepbound® (a popular GLP-1 medication used for weight loss) received a letter from CVS Caremark® informing them of a forthcoming formulary change effective July 1. This change would remove Zepbound[…]
Annual renewal is the time of year when cooperatives choose the NRECA group benefits they will offer to their employees for the upcoming plan year. Annual enrollment is when employees choose the NRECA group benefits offered to them by their[…]
CVS CaremarkTM, NRECA’s pharmacy benefits manager, has announced changes to the NRECA Medical Plan’s prescription drug coverage that will take effect July 1, 2025. CVS Caremark continually reviews and updates drugs covered under the plan to help ensure NRECA participants[…]
CVS Caremark®, NRECA’s pharmacy benefit manager, will mail a letter later this month to NRECA Medical Plan participants who are getting 30-day supplies of their maintenance medications filled at retail pharmacies. The letter will encourage participants to switch to a[…]