Prescription drug benefits comprise about 20 to 25% of health plan expenses. Industry estimates show prescription drug benefits will continue a steady rise in year-over-year expense to health plan costs, with specialty costs equating to 50% of overall pharmacy spend in the near future. Clearly, curbing prescription drug benefit costs is key to controlling health plan expenses.
CBIZ Employee Benefits specializes in pharmacy-specific reviews. Our practice consults with clients to review past pharmacy experiences and provides strategic recommendations specific to an organization’s needs and culture, while also providing guidance around best practices for pharmacy management. Our team also works with pharmacy benefit managers (PBMs) to maximize the value of the pharmacy benefit spend.
CBIZ pharmacy reviews save significant dollars and deliver better value for your benefits spend.
We draw on clinical and financial consulting expertise to develop client-specific pharmacy guidance that incorporates industry trends and your operating objectives as illustrated in these client stories and resources.
Resources and Case Studies