Employee Benefits: Pharmacy Cost Management
How a benefit audit can help you reduce spend — without impacting employees.
Pharmacy costs are growing faster than any other component of healthcare.
Yet they’re one of the least analyzed and understood parts of most self-funded benefits plans.
Pharmacy benefit management contracts are very complicated and easily misinterpreted. So how can you start to bring pharmacy spend under control?
One of the simplest, least disruptive strategies is an audit of your pharmacy benefit management (PBM) contract. Based on this review, we can negotiate on your behalf to:
- Ensure optimal pricing on general and specialty drugs
- Improve the terms that drive your pharmacy spend
Explore how a PBM audit can help you control your prescription drug costs.
Three Key Questions
If you answer “no” or “I don’t know” to any of these questions, you should request a contract review.
Advocacy | Tailored Solutions | Peace of Mind