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sole and exclusive remedy of Client and any Member against Administrator, its Representatives or any third <br />party (including PBM) resulting from any such erroneous, mistaken or incorrect Prescription Drug Claims <br />payments made by or to Administrator, and Client further covenants and agrees to hold harmless and <br />indemnify Administrator and its Representatives for any Losses beyond such refunds claimed by any party <br />from Administrator. The Parties acknowledge that Administrator may seek to recover any overpayments <br />from the Members, the providers of service or any other party unjustly enriched as a result of such <br />overpayments at any time after notice or awareness of any such error. <br />G. Without limiting the generality or scope of any other provision of this Agreement, Administrator shall not be <br />held responsible or liable for any performance standard or obligation required of it hereunder if Client (or <br />Client's designee(s)) or any Member fails to provide Administrator with accurate, timely and complete <br />information as necessary and/or required to meet any such performance standard or obligation under this <br />Agreement or otherwise. <br />ARTICLE IV — FINANCIAL ARRANGEMENT <br />A. Administrator will invoice Client every two (2) weeks for the applicable Fees payable for the previous two <br />(2) weeks. Administrator will invoice Client for the Administration Fees, as applicable and regardless of the <br />amount of Prescription Drug Claims activity, if any. All invoices will be due and payable 7 days from receipt <br />by Client and shall in no event be received by Administrator later than the due date stated in the invoice. <br />Refer to Article V, below, for rules applicable to late payment of invoices. Client shall not (and acknowledges <br />that it shall not) have any right to offset any disputed amounts or amounts due and/or payable or purported <br />to be due and/or payable from Administrator and/or PBM from any payments of Client except as specifically <br />approved in writing by Administrator. <br />B. Administrator may charge Client administration fees (a) per Member -employee per calendar month payable <br />on a monthly basis, and/or (b) per Prescription Drug Claim made by Members payable on a bi-monthly basis <br />(collectively, the "Transaction Fees"). The Transaction Fees to be paid by Client to Administrator under this <br />Agreement are as specified in the Client Application. <br />C. Client acknowledges and understands that PBM, through its contractual arrangement with Administrator, <br />guarantees certain Rebates as set forth in the Client Application. The Parties further acknowledge and <br />understand that no Rebates or similar discounts or payments will be paid to the Parties with respect to any <br />Prescription Drug Claims reimbursed on a unit basis by Medicaid agencies or other federal or state healthcare <br />programs. Client acknowledges that Administrator may receive Rebates from PBM associated with certain <br />Prescription Drug Claims of Members under Client's Plan. <br />D. Client acknowledges and is aware that Administrator, pursuant to its contractual agreement with PBM, is <br />paid by PBM an- administrative services credit payment per mail and retail Prescription Drug Claim <br />administered by Administrator on behalf of each Member in the Plan (the "PBM Service Credit"). It shall <br />be Administrator's sole responsibility to obtain and collect such PBM Service Credit directly from PBM and <br />Client shall have no responsibility (payment or otherwise) with respect to such credit due to Administrator. <br />Administrator will also receive from PBM and thereafter promptly remit to Client a one-time $5.00 per <br />Member implementation and marketing credit payment designed to reimburse Client for the expenses and <br />out-of-pocket costs incurred by Client to transition Client (and its Members) to PBM's benefit offerings (the <br />"Implementation Credit"). The Parties acknowledge and agree that (1) Administrator shall be responsible <br />for any and all transition and implementation costs it incurs with respect to the marketing and transition of <br />Client (and its Members) to benefit offerings administered by Administrator for Client, and (2) Client shall <br />be responsible for any and all transition and implementation costs it incurs (exclusive of any Implementation <br />Credit received by it as described above) with respect to the transition and implementation of such benefit <br />offerings. To the extent applicable to the parties, it is the parties' intention that, for purposes of the Federal <br />Anti -Kickback Statute and any required government reporting, the PBM Service Credit and Implementation <br />Credit shall constitute and shall be treated by Administrator and Client as a discount against the price of drugs <br />within the meaning of 42 U.S.C. § 1320a-7b(b)(3)(A). By executing this Agreement, each of Administrator <br />and Client hereby agrees that the PBM Service Credit and any Implementation Credit shall be so treated and <br />reported, as and to the extent applicable to each such party. <br />NOT FOR DISTRIBUTION. THE INFORMATION CONTAINED HE, IS CONFIDENTIAL, PROPRIETARY <br />AND CONSTITUTES TRADE SECRETS OF ESI AND RXBENEFITS <br />8 <br />