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  • 3 years ago
Pharmacy Benefits & Health Advocacy

Pharmacy Benefits & Health Advocacy

On this week's program, the hosts talk about two of the most important topics this year in employer-sponsored health care: pharmacy benefits and health advocacy. But first, the hosts provide an overview in the first 10 minutes about an upcoming webinar for brokers.

For the first segment, the hosts will talk with Michael J. Romanzo, R.Ph., chief strategy officer, RxBenefits, a firm of strategic experts on pharmacy benefit procurement and administration. Employee pharmacy benefit programs are one of the most complex aspects of the self-insured medical plan; the pharmacy benefit represents approximately 20 to 25 percent of employers’ health plan cost today. The pharmacy marketplace not only consists of many moving parts, but the components of the pharmacy benefit are ever changing. To successfully navigate the complex pharmacy landscape, you should reconsider your approach. The million-dollar question is: are you utilizing smart pharmacy economics?

For the second segment, the hosts will