As a team of benefits strategists, we work hard every day to make sure we’re exceeding client expectations and providing the most innovative and value-generating plan designs and advisory services.
Archive: Pharmacy Benefits
- September 9, 2020
Many local businesses forced to shut down during the pandemic started in March have suffered financial loss, or even closed permanently.
- August 10, 2020
A recent report by EvaluatePharma released a list of their top drugs by projected sales in 2026. There are three big observations from this data.
- August 5, 2020
The way drugs are billed when they are dispensed by a doctor’s office or an infusion center is different than drugs purchased from a pharmacy–and a lot more expensive.
- August 3, 2020
There’s a lot of talk about vertical consolidation of healthcare plans with PBMs. But have you considered what this means for the 10 largest ones?
- July 29, 2020
There are two basic drug formularies pharmacy benefit managers offer to self-funded employers: open and closed. Knowing the difference can save you money.
- July 20, 2020
There are pharmacies that provide something called Pharmacy Compliance Packaging, which is all the medications a patient takes put into blister packs they can tear off and take at different time points during a day.
- July 6, 2020
You know when your prescription drug is dispensed at the counter, it is paid usually in the form of a co-pay. You also understand the PBM determines how much you pay the pharmacy. But what do those pieces mean to …
- June 15, 2020
Drugs can become “specialty drugs” because of the way they are manufactured, distributed, or treat rare disorders, among other reasons. Specialty drugs are expensive, and they can quickly wreck a pharmacy benefit budget, too. Just one specialty drug could cost …
- May 22, 2020
Times are tough: the COVID-19 pandemic created record job losses in the U.S. measuring in the millions. These job losses may have resulted in the loss or reduction of healthcare and/or pharmacy benefits for your employees.
- May 20, 2020
Erin Albert has joined Apex Benefits as leader of its pharmacy benefit consulting practice. She previously taught at Butler University’s College of Pharmacy and Health Sciences. Albert is also an accomplished writer who has published books on subjects including pharmacy law, pharmacy …
- May 12, 2020
A PBM offer that offers an administrative fee of just $1 or no fee at all may sound good, right? Think again. Apex Executive Advisor Scott Long will explain why you should run the other way if you receive a …
- May 1, 2020
Traditional PBMs want to give clients as much exposure to pharmacies as possible. Why? They’ll have endless opportunities to charge you one price, and a pharmacy a lesser price. Apex Executive Advisor Scott Long will detail how you can take …