The Memphis Business Group on Health (MBGH) is pleased to make this forum, including all web pages and web sites accessed from this page, available to Web Site users and others. However, the MBGH does not render legal or consultation services, and legal counsel must be consulted to determine any material’s applicability to any specific situation. MBGH cannot warrant or control the quality, accuracy, or validity of the information posted here. Comments posted on this blog are the sole responsibility of their writers. Use of such information is at the risk of the accessing user and the accessing user assumes all liabilities that may result from such use.




Redesigning for Results: Pharmacy Benefits

Complimentary registrations for All ends July 16 so Register Now!

MBGH members always have complimentary registrations but Register Now to claim your seat before someone else does!

Attendance at our virtual conference will be limited due to platform capacity.

Ask any employer whether they have found the "secret sauce" for managing their pharmacy benefits and the answer is generally "no". The complexity caused by covering drugs in both the prescription drug benefit and medical benefit; contracting and pricing practices that make it difficult, if not impossible, for employers to know if the benefits are being provided and paid for appropriately; and the hodge-podge of buy-up options that are meant to help manage pharmacy benefits but may add to the complexity are just a few of the reasons the answer is "no".

Incremental change on top of a complex platform that may actually need redesigning adds to the frustration.

At our August 26th Annual Conference "Redesigning for Results", Tracey Spencer, Senior VP and Practive Leader-Employer Groups, Labor, Health Systems at Pharmaceutical Strategies Group, and Josh Golden, Senior Vice President Strategy at Capital Rx will help us step back and reimagine the pharmacy benefit, including starting with the end in mind: right drug, right time, right place, right price; examining a market basket of approaches and solutions to help reach this goal; and a candid discussion of the often challenging steps employers need to take themselves to achieve better results.

Check out this Business Insider article focusing on why employers are exploring different PBM models.

Posted by Cristie Travis at 11:25 AM

From Our Blog

Say Hello

Please feel free to drop us a line via the button below. We try to respond to every email we receive.

Stay Connected

Join the MBGH community and keep up to date with issues concerning Memphis healthcare.

Facebook Twitter LinkedIn Feed