Watching out for auto-refills on prescription drugs
Complex language and fee structures make pharmacy benefit managers tricky to deal withand the results can often be hazardous to an employers bottom line.
By Dave Marley|November 19, 2012 at 12:06 PM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
The world of pharmacy benefit management is full of confusing contracts that force employers and HR managers to work with specialized benefits consultants to navigate the contracting process. Complex language and fee structures make pharmacy benefit managers tricky to deal with—and the results can often be hazardous to an employers’ bottom line.
But a recent scandal at the multi-billion-dollar chain pharmacy and PBM CVS Caremark doesn’t require an expert to diagnose the problem. Recent reports from the Los Angeles Times focused on CVS Caremark’s use of “automatic refill,” which led to widespread anger and government investigations to determine whether the company pressured pharmacists to enroll customers in a program to automatically refill prescription drugs without customers’ permission.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
It’s no secret that health benefits have struggled to keep up with workforce expectations during the Great Resignation. Remaining competitive means employers must streamline their health benefits, put employees first and deliver on brand values. Download this guide to help your clients gain an edge in 2022 with their health benefits.
Amid mass resignations and record-high job openings, employees are now firmly in the driver’s seat when it comes to where and how they work. So, how are you going to stand out in this highly competitive market? This guide outlines a forward-thinking health benefits strategy that will ensure your company remains competitive in 2022 and beyond.
Millennials and Gen Z value tobacco and nicotine cessation more than ever before, but quit programs must adapt to their evolving needs. New research indicates successful quit programs have three key facets. Download this interactive ebook to learn how to set your company apart with an effective quit services benefit.