With pharmacy expenditure topping $358 billion in 2020, employers are desperately searching for ways to efficiently reduce their Rx spend. International sourcing is a method that has been used on [...]
U.S. businesses continue to spend a monumental amount of capital on specialty drugs for their workforce. In fact, specialty drugs were estimated to represent about 50 percent of total Rx spend in [...]
Similar to manufacturers of consumer product goods, many drug manufacturers offer rebates to lower the overall cost of the medication they produce. Instead of offering these rebates to you [...]
According to Statista, prescription drug expenditure in the United States totaled $358 billion in 2020, up 50% since 2011. Pharmacy Benefit Managers (PBM) work as middlemen for many stakeholders [...]
Employers of all sizes are considering onsite and near-site healthcare as a method to expand access to care, while providing their workforce with the same great quality of care they’re used to. [...]
When looking to exercise health benefits provided by their employers, employees will often ask about the ways in which they’ll be able to access this care. The COVID-19 pandemic has further [...]
Direct Primary Care, also known as concierge healthcare, has introduced a fresh perspective to the way employers are accustomed to providing care. The model works by directly connecting the [...]
The tenets of a fully-insured health plan should be very familiar. You and your employees pay monthly premiums to a carrier for a menu of covered benefits. The carrier pays for healthcare out of [...]
It’s a common-sense, widely held business principle: What is not measured cannot be managed or improved. Yet, while your company likely captures and analyzes data about everything from your [...]