Pharmacy benefits

Skyrocketing healthcare premiums are causing companies to get creative with cost-containment strategies, says benefits consultant Loretta Metzger.

States are seeking justification from drug companies for the high cost of their products, says Frenkel Benefits’ Craig Hasday.

States are seeking justification from drug companies for the high cost of their products, says Frenkel Benefits’ Craig Hasday.

To ensure customer success and retention, employers must be able to understand and provide answers to these inquiries, Zane Benefits explains.

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.

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

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.

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.

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.

The health system is making strides toward value-based care but much of them are still detrimental for employers and employees.

The U.S. health system is making strides toward value-based care but much of it is still focused on volume, which is detrimental for plan sponsors and employees.

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.

Steve Miller, the pharmacy benefit manager’s chief medical officer, addresses the key cost drivers and what the PBM is doing to guard against increases.

Generic drugs are usually significantly cheaper for plan sponsors than brand-name drugs. Here’s a look at 10 drugs coming off patent in 2016. And although the FDA hasn’t yet approved generics for many of the following blockbuster drugs that are coming off patent this year, in most cases there are generics in the pipeline, according to Dickson Data Blog.

Steve Miller, the pharmacy benefit manager’s chief medical officer, addresses the key cost drivers and what the PBM is doing to guard against increases.

Excessive and expensive treatment is at the core of the healthcare cost crisis, says Brian Klepper.