In 2018 the Centers for Medicare and Medicaid Services (CMS) projected that “spending for prescription drugs will be the fastest growth health category and will consistently outpace that of other health spending.”
More than ever it is important for employers to know their costs for prescription drugs and more importantly what can be done to control those costs.
On the opposite ends of the drug spend continuum there is a loosely managed approach that essentially gives employees whatever they want without much resistance. On the other end of the spectrum is a tightly managed program.
EBS will help in determining the best fit for each of our employer clients. And as part of the process you will come to understand more about rebate programs, Pharmacy Benefit Managers (PBMs) and the role of cost sharing programs.
When you call us, be sure and ask us what program we used for a self funded client that enabled us to get an $84,000 drug for a fraction of the cost to the employer and at no cost to the employee.
Please call Jim Vollmer at (817) 789-3348 to get started or email to JimV@EBSLP.com.
