Employers Health is a national coalition of employers passionately committed to empower plan sponsors to deliver high-quality healthcare benefits at a sustainable cost.
In 2009, the City of Everett was at the end of their Pharmacy Benefit Management contract with CVS Caremark. Seeking a solution for rapidly increasing costs, their consultant discovered a group of large employers in the Midwest that had joined together to leverage their purchasing power. The Employers Health Coalition of Ohio, with 125 employers and $700 million annual drug spend, comprised one of the largest drug purchasing blocks in the US with. Coincidentally, CVS Caremark was their PBM partner. A study to assess the potential economic advantage of joining the EHCO indicated that joining the EHCO would result in a 17% reduction in Rx costs.
In 2010, The EHCW was incorporated as a nonprofit (501-C-6) in order to provide Washington employers with access to this advantaged purchasing channel. EHCW is a member organization of Employers Health Coalition of Ohio. The EHCO has since changed its name to Employers Health.
Please visit the official EH website for more information.
Since its inception, the EHCW has expanded its menu of programs, resources, and preferred pricing to include partnerships and programs that create pricing efficiency for nearly every aspect of a comprehensive benefits package.
The EHCW purchasing strategies reduce costs for public, private, and nonprofit employers.