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Employer-Driven Models in Pharmacy Benefits & Specialty Drugs

As the “real payers” of health care, employers are under increased pressure to reduce costs, optimize plan performance and generate savings for the plan and participants. Between misaligned incentives, conflicts of interest, the lack of transparency and marketplace consolidation by intermediaries, employers have lost a lot of leverage. Hear from leading employers that have taken bold steps to disrupt the current business model by:

  • Recognizing the need for innovative approaches – the status quo is no longer an option
  • Clarifying and removing certain responsibilities from PBM contracts to achieve price transparency, increase flexibility and focus on outcomes at the lowest unit cost
  • Supporting their role as plan sponsor and fiduciary to remove waste and excess costs so that dollars are used efficiently for plan beneficiaries

Hear from leading employers that have taken bold steps to disrupt the current business models.

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Cheryl Larson

President & CEO
Midwest Business Group on Health (MBGH)

Jason Parrott

Healthcare & Well Being Strategy Leader
The Boeing Company

John Butler

Manager, Benefit Design
Edward-Elmhurst Health

Darrin Hinderman

Global Health Strategy Manager, Total Rewards – Human Resources
Caterpillar Inc.
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May 18, 2021
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Reduce employer healthcare and benefits costs by 25% by 2025.​

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Reimagine engagement and well-being.

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Care

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Provide 40% of healthcare services virtually and through technology by 2025.​

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