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Are you sure you know your PBM?

Healthcare costs in the U.S. are continuing to shoot up and are nowhere near stopping. PBMs, the middlemen between employers and drug manufacturers, play a big role in these increasing costs by often keeping employers in the dark about real drug prices, leading to higher expenses for everyone involved while they profit. The key takeaway? It's important to understand how your PBM operates to avoid unnecessary costs.

August 6, 2024

Cutting Costs with Clarity: How Transparent PBMs Are Changing the Game for Good

Transparent PBMs are shaking up the pharmacy world by putting clients' interests first and ditching the sneaky pricing tactics of traditional PBMs. Unlike traditional PBMs, they’re all about honesty, giving you full access to pricing details with no surprises. With standout examples like SmithRx and EHIM, they're making drug prices clear and saving your plan money!

August 6, 2024

To Carve Out or Not to Carve Out? Making the Right Call on Specialty Drugs

Specialty drug carve-out programs are gaining traction as a potential money-saving strategy, redirecting employees to Patient Assistance Programs for their pricey medications. However, before hopping on this cost-saving train, it's crucial to have a solid plan in place to avoid care fragmentation and administrative headaches that could turn those savings into unexpected expenses!

August 6, 2024

Do Drugs Cross Borders? The Complexities of International Drug Sourcing

A lot of Americans head to Canada for cheaper medication because U.S. prices are sky-high. While buying drugs from abroad can save money, it comes with some serious legal and health risks. While this strategy can save costs, it's crucial to partner with reputable vendors to avoid potential pitfalls.

August 6, 2024