NEWS AND UPDATES

August 16, 2019

Not all pharmacy benefit consultants were created equal. Most should be able to provide the basic consulting "blocking and tackling" such as: selecting, implementing, and managing a PBM, ensuring claims are processed correctly, and medications are available anywhere in the US. However, not all are willing to do the heavy lifting of sifting throu...

May 23, 2019

The drug pricing system in the U.S. is broken, this is why catching overpayment issues early is so important when it comes to savings for members.

May 7, 2019

It's no secret that the cost of drugs is inflated compared to the rest of the world. It is far past time to find a solution to the rising cost in drugs.

January 29, 2019

With the extensive use and constant up-keeping of various management systems, reporting tools, and electronic records that come with being part of the healthcare, there is a large demand for better intelligence programs. With out access to informative and systematic analytical tools, employee satisfaction plummets and often experience burnout.

December 19, 2018

Great insight and information on how the legalization of medical and recreational cannabis is helping drop opioid prescription rates.

November 19, 2018

Non-essential drugs or drugs that do not have have a material impact over another less expensive drug, are a re-branding of one or more generic drugs into a branded/patented drug for financial gain by the manufacturer. Even though they provide no clinical advantage, they come to the market at a detrimental cost to the plan.

 

 

 

Secret deals often prompt drug benefit companies to cover brand-name prescriptions when equally effective generic or even over-the-counter medications are available, several drug pricing experts say.

These companies, known as pharmacy benefit managers (PBMs), negotiate deals with drug makers that include rebates and other compensation to encourage...

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