Why Savings Don't Materialize: The Truth About Pharmacy Benefit Procurement eBook

Under the Consolidated Appropriations Act (CAA), health plan sponsors have a duty to ensure the selection of vendors and other service providers is process-driven. With this requirement comes an age-old question: how can you be sure you achieve a fair and competitive contract for the most-accessed healthcare benefit: prescription drugs?

In Why Savings Don't Materialize: The Truth About Pharmacy Benefit Procurement, we explain: 

• Why traditional PBMs have an advantage over their prospective and existing clients
• The reason(s) there's a disparity between the pharmacy RFP and the actual results
• How to create accountability on key cost drivers, like drug mix
• How to achieve predictability and cost savings

Helpful Resources for Decoding Pharmacy Benefit Management Procurement

• Pharmacy Benefits 101: What is a Formulary?
• Why Use NADAC-Based Pricing Over AWP
• 5 ways to improve PBM procurement for clients

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