Fiduciary responsibility in pharmacy benefits is under increased scrutiny due to lawsuits alleging mismanagement and inflated drug costs. Employers must proactively manage pharmacy benefit plans by understanding PBM contracts, conducting audits, leveraging independent clinical expertise, and optimizing plan design. Key …

Explore the complexities of international drug sourcing and its impact on prescription drug costs for plan sponsors. Learn about hidden fees, rebate losses, and formulary misalignment.

Pharmacy Benefit Managers (PBMs) play a pivotal role in helping to control expenses and ensure that employees receive the medications they need. This article aims to provide you with a comprehensive understanding of the key areas to focus on when …

Several key trends in the pharmacy benefits landscape significantly impacted plan sponsors and employers in 2024.

Humira marks the first specialty drug with biosimilars, here is what you need to know about the most recent developments in this space.

Specialty medications represent a significant cost driver for pharmacy benefit plan sponsors. Examine several strategies to contain costs.