Healthcare Corp of America

Detailed Description

Healthcare Corporation of America and its wholly-owned subsidiaries provides pharmacy benefit management (PBM) products primarily in the northeast United States. Its PBM products include fully-funded programs, which are fully-funded prescription benefit plans that take the risk of overpayment from the client; self-insured programs that seek to pass on the cost of drugs; 340B Basics, a federal drug-pricing program; Rx Savings Solutions, which are plans that provide lower cost alternatives featuring generic only or generic and preferred brand drug formularies; and mail-order pharmacy services to its PBM members. The company administers its prescription drug benefit programs for employers who contract with it directly in order to provide this component of healthcare benefits to their employees under the Prescription Corporation of America brand. It serves commercial clients of various sizes and industries, business associations and trade groups, local government entities, labor unions, and charitable and non-profit organizations. The company is headquartered in Denville, New Jersey.