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Employer Perspectives on Prescription Drug Management: New Research on What's Working, What Needs Fixing

10/31/2017, 11:00 AM to Noon

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Description:

Join this National Alliance of Healthcare Purchaser Coalitions webinar on October 31, 2017 from 11:00-12:00 Central.

The current approach by PBMs to manage the cost of prescription drugs is perceived by many stakeholders as overly complex and opaque, resulting in a number of issues that seem misaligned with healthcare value goals. There is a disconnect between the important role employers believe their PBMs play in helping to manage prescription drug benefits and employers’ perceptions of the overall value they are actually getting from their PBMs.

As part of an effort to bridge this disconnect and support a constructive dialogue among stakeholders along the prescription drug benefits supply-chain, this webinar will highlight the findings of a 2017 nationwide employer survey that focused on how employers are currently working with their PBMs, how they would like to see the relationships develop in the future, and key areas of next-generation PBM business models. In addition, the session will share research on:

  1. How current PBM business models are and aren’t meeting employers’ needs;
  2. How employers would like to see PBM business models evolve;
  3. What actions employers can take to increase their satisfaction with pharmacy benefit management vendors.  

Chuck Reynolds, Area President of Benfield-Gallagher will be the keynote speaker with a reactor panel including Lauren Vela (Pacific Business Group on Health), Cheryl Larson (Midwest Business Group on Health), and Linda Davis (Minnesota Health Action Group).

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