Alternative Rx Sourcing Strategies w/ Paul Pruitt

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SHARx

Total Control Health Plans

The Event

Please join Mike Hill from Total Control Health Plans and Paul Pruitt, CEO of SHARx to learn about the rapidly growing trend of alternative sourcing of prescription drugs. During this 45 minute webinar you will learn what alternative sourcing is, the many different ways it is accomplished, and the cost reduction opportunities it presents for plan participants and health plans. We will cover sourcing for specialty medications, expensive brand name medications, and medications paid through the medical side of a health plan like chemotherapy and others.

Who’s Paul Pruitt?

Paul is Chief Executive Officer of SHARx, where he works closely with benefit advisors all over the country providing unique approaches to address lowering the cost of medications for employers and their members. He has worked directly with self-funded employers for over a decade, specializing in compliance and risk management of health plans. He has been the CFO/COO of a small brokerage firm and has also worked for several large employee benefit firms. Paul’s passion for addressing affordability of medications stems from his own journey in managing the complexity of a rare disease for his 2 older children.

Who’s Mike Hill

Mike Hill, with Coldbrook Insurance Group and founder of Total Control Health Plans, has been advising employers on health care cost reduction strategies for two decades. An expert in self-funded medical plans, Mike has helped employers implement varied solutions focused on reducing the cost of health care, such as direct contracting, direct primary care, and others, as a means to return the crown jewel of employee benefit packages to its place of prominence rather than the liability that it has become.

Understanding that pre-packaged fully insured medical plans eliminates all employer control over their health care supply chain, Mike wrote “Not Rocket Surgery, An Employers Guide to Controlling the Health Care Supply Chain” which introduced the concept of the Total Control

Health Plan in 2017. Mike is passionate about putting employers in a position to use the same techniques they use to manage all other aspects of their business on their health plans. By doing so, employers have not only experienced dramatic cost reductions and flat annual increases, but they have done so while providing better plans to their employees.

Mike has been recognized by BenefitsPRO magazine as a finalist for the 2021 Broker of the Year award, and as one of the Grand Rapids Business Journals 40 Under Forty in 2012. Mike is a member of the Next Gen Benefits Mastermind Partnership being recognized as Advisor of the Year in 2020. Mike speaks regularly on innovative benefit strategies at conferences around the country, including the World Healthcare Congress, BenefitsPRO Broker Expo, and Ascend Agency Growth and Leadership Summit, and he also serves on the Ault International Medical Management (AIMM) Agent Advisory Council.

Take Back Control

You don’t have to keep renewing your insurance within a broken, opaque system full of misaligned incentives and ballooning costs. You can take control.