Benefits are often considered a significant differentiator and talent draw for companies across industries. Pharmacy benefit management has quickly increased in priority for HR and benefits professionals while simultaneously becoming ever more important to maintaining a healthy, thriving workforce. To curb the rapid growth of high-cost prescriptions, the industry has traditionally focused on leveraging discounts and rebates. However, by understanding the pricing components and key players involved in the pharmaceutical supply chain, HR and benefits professionals can more effectively optimize both their spending and outcomes. As the cost and utilization of specialty drugs continue to rise, this session will cover how benefits professionals and PBMs can align their partnership to provide patients with affordable access to essential medication therapies. Topics covered in this session include:
Navitus Health Solutions, a division of SSM Health Care and Costco Wholesale Corporation, serves as the industry’s alternative pharmacy benefit manager (PBM) to traditional models. As such, Navitus is committed to taking the unnecessary costs out of pharmacy benefits to make prescriptions more affordable for plan sponsors (i.e. employers, health plans, unions, governments, etc.) and their members. By combining a unique pass through approach that returns 100% of rebates with a focus on lowest-net-cost medications and comprehensive clinical care programs, Navitus helps reduce costs and improve health. To learn more about Navitus, call 877.571.7500 or visit www.navitus.com.