SHARx Obligations Clause Samples
SHARx Obligations. SHARx shall provide the following Services to Client:
(a) SHARx will consult with Client to develop and implement the SHARx Program for its Eligible Participants, including without limitation, identifying and sourcing the high cost maintenance medications, specialty medicines and medications through medical (injections and infusions) required by Eligible Participants (collectively, “Target Medications”) and negotiating patient assistance programs (“PAP”) for such Target Medications. Target Medications will be sourced by SHARx only when the savings exceed the Plan’s previous cost of the Target Medication and the Target Medications are otherwise excluded from coverage by the Plan due to cost or other factors. Client acknowledges and agrees that SHARx partners with certain pharmacy benefits managers (“PPBMs”) for Target Medications and that SHARx recommends that Client utilize one of its PPBMs. If Client elects to use a pharmacy benefits manager for the SHARx Program other than a PPBM (“Non-Approved PBM” and collectively with PPBM, a “PBM”), SHARx will provide the Services on a stand-alone, non-integrated basis and will have no responsibility for the Non-Approved PBM’s processes, formulary or customer service. If SHARx is unable to source Target Medications without cost, the cost of Target Medications sourced through SHARx will be billed to the Client or the appropriate Eligible Employee, at the election of the Client, without mark-up.
(b) SHARx will work collaboratively with Client’s human resources department, benefits consultants, insurance companies, the PBM and other Client resources (collectively, “Client Representatives”) to design and implement the SHARx Program.
(c) SHARx will provide Client with introductory and ongoing educational and promotional programs and materials for the SHARx Program for Client to distribute or make available to Eligible Participants. After Client makes such materials available and introduces the SHARx Program to its Eligible Participants, SHARx will contact and offer enrollment to Eligible Participants and will enroll Eligible Participants who elect to participate in the SHARx Program (“Enrollees”). The parties acknowledge and agree that Eligible Participants are not required to enroll in the SHARx Program and will do so on a voluntary basis.
(d) SHARx will work with drug manufacturers, available patient assistance programs, funds, foundations, discount programs and international medication sources, as applicable, to source...
