Tag Archives: PBM contracting

No, not that word! The other “F” word…Fiduciary!  At WBC (www.wbcbaltimore.com) we have been asking our clients to keep this word in mind.  Trustees of multi-employer plans (and other types of plan sponsors) need to remember that the decisions they make are guided by the judgement of being a fiduciary.   This means that their decisions […]

2016 will be a crazy year for PBMs and plan sponsors of pharmacy benefit programs. The cast of characters continues to shrink through market consolidation, and most analysts believe that the trend will continue. At Wilkinson Benefit Consultants (wbcbaltimore.com), we’ve listened to plan sponsors raise the questions of “Where do we turn?” and “How can […]

Reducing prescription drug costs continues to be a principal objective and elusive goal of most prescription drug benefit plan sponsors and payers. Elusive because it’s almost impossible to know what drugs actually cost. As the old adage goes, “you can’t manage what you can’t measure.”  All that most plan sponsors see when it comes to […]