Five Ways for Employers to Contain PBM Prescription Costs: Employer Benefit News

1. Focus on health outcomes, instead of the price or rebate per drug, using a pay-for-performance approach
2. Give PBMs access to all member healthcare data to create a whole health picture and improve coordination of care with physicians
3. Ensure PBM utilizes data mining effectively
4. Implement clinical programs such as step therapy and prior authorization responsibly, in manner that benefits members
5. Create a culture of learning and pure transparency

Source: Employer Benefit News, March 2, 2018
Source URL: https://www.benefitnews.com/opinion/five-ways-to-contain-pre...

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