Industry reports have shown the percentage of healthcare dollars spent on pharmacy continues to rise, jumping from 21% to 27% since 2021.¹ With even greater trends projected in the coming years,
Plan sponsors and their partners lean on their pharmacy benefit manager (PBM) to facilitate the implementation process. However, some PBMs have better processes than others. That is why working with a trusted PBM is crucial.
Over the last several years, there has been a lot of anti-PBM press and hundreds of state and federal legislative proposals to reform PBMs.
Patient assistance dollars from Pharma exploded in recent years as companies worked to get patients on their medications and use this funding as a political talking point for patient access.
Pharmacy Benefit Managers (PBMs) contract with employers, health plans, and other plan sponsors, incorporating language related to prescription drug definitions, rebate guarantees, pricing, and more.
We are pleased to introduce the newest representative to our Board of Directors! Wayland Parker III, Senior Director of Total Rewards at George’s, Inc.
