The Future of Pharmacy Benefits

A Self-Funded Employer Private Virtual Roundtable

Join self-funded employers, consultants, and government affairs leaders from organizations as we discuss what organizations should focus on that will have the most significant impact in managing your pharmaceutical benefits and costs. What challenges or problems are you facing?  Get the answers to what you need to know now, but the answers to the questions you haven’t thought to ask. Learn from leading industry experts as well as your peers at other organizations.

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ONLY FOR: self-funded employers, consultants/brokers, and government officials from the states of Washington, Oregon, Hawaii, and Montana.
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Discuss trends, how to keep things simple, and the upcoming legislation that could impact costs and care.

Learn some of the most innovative and impactful things your organization can implement, including leveraging clinical pharmacists and understanding formulary management, as well as how “medication adherence programs” could have the most significant impact on lowering costs. Get access now and in the future to resources that will answer today’s and tomorrow’s questions.

Some key data about the drivers of healthcare costs

  • 90% of the nation’s $3.8 trillion in annual health care expenditures are for people with chronic and mental health conditions.
  • 6 in 10 people have at least one chronic condition, and 40% have two or more.
  • 50% of patients do not take their medication as prescribed. The cost of non-adherence is roughly $133PEPM.
  • It's more than an adherence issue, however, as varying types of medication therapies have different problems and associated costs. Optimizing medication use can decrease emergency room costs by 23% - 32% for inpatient hospital stays over a three-year period.
  • Inefficient chronic condition management is costly. The price tag for non-optimized medication use in the US is $528 billion in 2016 dollars, equivalent to 16% of US health care expenditure.
  • The importance of health literacy within a patient population cannot be overemphasized. For every 100 prescriptions written, 50-70 are filled at the pharmacy, 48-66 are picked up but only 25-30 are taken correctly and only 15 – 25 are refilled correctly.
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ONLY FOR: self-funded employers, consultants/brokers, and government officials from the states of Washington, Oregon, Hawaii, and Montana.

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