Adera Development Corporation
Adera is one of BC’s leading multi-disciplinary real estate organizations. With nearly 50 years of experience, Adera has built a world-class portfolio that includes the development of more than 10,000 homes and over 4 million square feet of commercial space. Adera prides itself on values such as innovation, sustainability, partnership and passion for our customers and has won numerous awards for achievements under a trusted brand that personifies its motto, ‘Live West Coast’.
In 2014, Adera placed its values of innovation, sustainability and partnership into the health benefit plan offered to employees, by implementing a new drug plan called the Reformulary. Built by an independent and trusted group of experts, the Reformulary is an innovative drug plan that uses evidence to recommend smart drug choices and ensure sustainability of the drug plan.
Mandy Newton, VP, Shared Services explains, “We chose the Reformulary because it provides trusted advice with respect to drugs and drug alternatives for our plan members. This model more actively connects our employees with their treatment plans and allows them to make informed decisions in partnership with their health care practitioners. The plan has performed extremely well with year-over-year savings and forms an important part of our strategy to ensure a sustainable health benefits program for our employees and their families.”