This is the time of year that plan sponsors are reviewing PBM consulting services to help negotiate new PBM contracts. At WBC (www.wbcbaltimore.com) we see all sorts of consulting requests to help reduce the cost of prescription drugs. One that hasn’t been utilized as much as it should is invoice validation of a plan’s monthly […]
The PBM contract remains the key element in reducing pharmacy benefit costs. At WBC (wbcbaltimore.com) we know that creating a favorable “client-focused” contract takes some work. When challenged over language that sounds open-ended or uncertain, many PBMs rely on what I’ve come to call “The 4 most dangerous words in the PBM lexicon.” Those four […]
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7 Crucial Tips
Here are 7 Crucial Tips you'll want to know to reduce your Drug Spend in your PBM Contract.
