While every detail of your office is planned to perfection, can the same be said about your health insurance and (Rx) benefits? We’re here to remove the uncertainty about what happens behind the scenes between your health care providers and the pharmacies.
Pharmacy
Trump Administration Decides Not to End PBM Rebates
The Trump administration has decided not to pursue a policy that would have put an end to rebates paid to pharmacy benefit managers, which could put the focus again on how drug companies set their prices. The proposal would have barred drug companies from paying...
HDHPs Can Hamper Employee Health Without an Attached HSA
In recent years, employers and self-employed Americans have been migrating to high-deductible health plans (HDHPs) but, if they are not attached to a health savings account (HSA), they can end up costing the plan participant more than they can afford and create health...
Ohio Auditor’s Report on PBMs Sparks Changes
An audit carried out for Ohio Medicaid found that large pharmacy benefit managers that contract with the state's Medicaid program have been pocketing a larger and larger share of drug pricing. In fact, PBMs charged Ohio Medicaid plans 31% more for generic...
Pharmacy Benefit Managers: A Brake on Rising Prescription Costs or a Cause of Them?
In 2017, spending on prescription drugs grew 11%, faster than any other category of health care spending, according to the U.S. Centers for Medicare and Medicaid Services. The report cited increased use of new medicines, price increases for existing ones, and more...