Pharmacy benefit management

The push for value-based care is requiring pharmacy benefit managers to provide explicit cost data.

It’s almost a guarantee that employers will see increasing pharmacy costs even when the plan is negotiated and managed properly. That’s why it’s important to review PBM contracts carefully.

The National Business Group on Health outlines ideas for confronting soaring costs.

It’s almost a guarantee that employers will see increasing pharmacy costs even when the plan is negotiated and managed properly. That’s why it’s important to review PBM contracts carefully.

When a company with a self-funded plan selects a stop-loss carrier and individual stop-loss coverage, they have the option to include drug expenses in determining high claimant costs.

The average cost of employee healthcare makes up 7.6% of a company’s annual operating budget, SHRM finds.

The average cost of employee healthcare makes up 7.6% of a company’s annual operating budget, SHRM finds.

No bones about it: Disorders such as arthritis and back pain affect more than half of employees, and are one of the costliest healthcare drivers for clients.

Healthcare costs are expected to increase 6% in 2017 as companies make use of better management tools and take advantage of advances in telehealth.

No bones about it: Disorders such as arthritis and back pain affect more than half of employees, and are one of the costliest healthcare drivers for companies. Here are 5 things employers can do to help.

Healthcare costs are expected to increase 6% in 2017 as companies make use of better management tools and take advantage of advances in telehealth.

Smaller companies are missing out on cost-saving opportunities, including self-funding, narrow networks and pharmacy benefit carve-outs.

One reason for the shift includes more plan sponsors implementing high-performance networks with more limited provider choices, according to PwC’s Health Research Institute.

Truveris’ chief technology officer created OneRx, a free prescription benefits and savings app.

Plan sponsors look to implement health and pharmacy benefit programs that address painkiller addiction and abuse.

SingleCare plans to ‘disrupt’ the benefits market by improving transparency, says founder Rick Bates.

Truveris’ chief technology officer created OneRx, a free prescription benefits and savings app.

SingleCare plans to ‘disrupt’ healthcare benefit market by improving transparency in underserved and non-covered services through its discount program, says founder Rick Bates.

Plan sponsors look to implement health and pharmacy benefit programs that address painkiller addiction and abuse.

UnitedHealth Group Inc.’s OptumRx unit struck an agreement to ease customers’ access to drugs through Walgreens Boots Alliance Inc.’s drugstores, a move to help the business compete with rival pharmacy benefit managers.