Name
The Need for PBM Oversight
Date & Time
Wednesday, November 20, 2024, 1:00 PM - 1:20 PM
Josh Bindl
Description

Topic: "What Plan Sponsors Need for Proper Pharmacy Oversight"

  • A well negotiated contract minimizes a PBMs ability to change financial performance after a contract is signed.
  • Oversight over the entire industry eliminates wasteful medications, pricing games, lowers trend, and will drive the best outcomes for patients.

Key Takeaways:

  • To properly manage the pharmacy benefit, internal plan experts or trusted external advisors are critical.
  • Individuals with expertise can hold the PBM accountable and navigate the entire pharmacy benefit landscape to drive higher value for patients and the plan.