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ONLINE WEBINAR: Prescription Drug Management (PBM) Transparency: Fact or Fiction?

  • 20 Mar 2013
  • 11:00 AM - 12:00 PM (PDT)
  • ONLINE WEBINAR

Registration

  • special pricing for OC Corporate Members.
  • A member of any chapter of the WP&BC in good standing.

Registration is closed
ONLINE WEBINAR

Prescription Drug Management (PBM) Transparency: Fact or Fiction?
with Scott Haas


Transparency generally implies openness, communication, and accountability. Transparency is operating in such a way that it is easy for others to see what actions are performed. Unfortunately, within the PBM industry, the term Transparency does not always meet the spirit of this definition and many Plan Sponsors find the cost of their prescriptions drugs are inflated well beyond the cost actually being paid to pharmacies. It doesn't matter if your health plan is self insured
or fully-insured through a carrier, PBM pricing spread exists in most all,
situations and the level of prices being charged many times is creating financial barriers to patients who are dependent on their prescriptions to maintain a positive health status.

This presentation will illustrate the manner in which PBM's charge Plan Sponsors and their participants as well as arm you with knowledge to combat the impact of PBM pricing and contracting practices that may be adversely impacting your health plan cost and overall performance. You will also learn of potential risk exposure to Plan Sponsors and other Service Providers who unknowingly enter into PBM
arrangements that contain pricing and contract provisions that may violate ERISA fiduciary standards.

Scott Haas

Vice President—Integrated Health Metrics
Wells Fargo Insurance


Scott has over 28 years of employee benefits experience, and an extensive background in the development and management of medical and disease management; prescription benefit management (PBM) solutions; as well as provider network evaluation, valuation, and underwriting. Scott started and operationalized a Third-Party-Administrator (TPA) and a PBM platform from scratch. He has worked in the arena of alternative funding for the majority of his career.

Please feel free to reach out to WP&BC with any questions.

Direct Questions To:

EMAIL:
webinars@westernpension.org

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720-837-2426

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