Exploring PBM Models: The Truth Behind Transparency

Friday August 27, 2021
12:00pm - 1:00pm EST
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Exploring PBM Models: The Truth Behind Transparency

hosted by: 

Byron Mickle, SVP, Sales and Marketing & Chief Growth Officer, Navitus Health Solutions
Chad Schmidt, Market VP, Mid-Market Employers West, Navitus Health Solutions

Health plans, government agencies and employers are demanding greater transparency, accountability and overall plan performance. Yet, 63% feel that PBMs aren’t transparent, especially when it comes to revenue streams. Although it’s a widely used term across PBMs, very few are truly transparent — and if your PBM isn’t, chances are you’re paying too much. During this session, you’ll learn about the PBM models in the marketplace, how they talk about transparency and what that really means for your pharmacy benefit plan costs.

What we'll discuss:

- Understand how PBMs are using the term “transparent” and what this “definition game” can mean for your Rx benefit plan

- Discover the latest trends in PBM contracts, and how a lack of transparency could be costing you more

- Learn how the PBM’s business model can impact how it will perform as your pharmacy partner and explore ways to protect your organization

For Health Action Council members only
1 SHRM and 1 HRCI credit pending


Register Here
Ready to take control of your employee healthcare & benefits costs?