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WellPoint Wins Texas Risk Pool Pharmacy Benefits Contract

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NU Online News Service, Nov. 3, 2003, 5:13 p.m. EST – The Texas Health Insurance Risk Pool, Austin, Texas, has awarded a pharmacy benefit management services contract to WellPoint Pharmacy Management, a unit of WellPoint Health Networks Inc., Thousand Oaks, Calif.

The contract will cover 24,000 Texas residents starting Jan. 1, 2004.

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WellPoint will handle claims processing, mail-order pharmacy services, formulary management, therapy management, clinical intervention programs and network management, WellPoint says.