Prescription drug costs are accelerating at a faster pace than medical care. Pharmacy spend, driven by specialty drugs developed to treat complex and chronic diseases, is expected to exceed 50% of combined medical and pharmacy spend in coming years. In any evaluation of benefit plan costs, it is important to focus attention on your pharmacy benefit manager (PBM) as well as member utilization patterns.
Our team will evaluate, recommend and implement a program designed to affect how members utilize the prescription feature of the medical plan. Pharmacy budget control is a major component of benefit planning. As part of our pharmacy consulting, we will