Six essential questions to ask about your pharmacy benefits program to control rising pharmacy costs
New medications, higher prices on existing drugs, costly specialty drugs, fewer patent expirations—the list of reasons for ever-increasing pharmacy claims costs is extensive. But the impact remains the same with higher costs for employers and employees. This is why controlling pharmacy costs is the number one priority for employers in 2018. To curb these costs, many employers rely on pharmacy benefit managers (PBMs) to manage the cost of medications. PBMs negotiate with drug