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.