Employers today face growing challenges in accurately forecasting and budgeting for health benefit expenses. Pharmacy benefits are no exception.
In many traditional self-funded PBM arrangements, employers may not know their true pharmacy costs until months after claims are incurred, once rebates and other financial guarantees are reconciled. That uncertainty can make budgeting and forecasting increasingly difficult.
Our COO of Benecard Services, Kevin Kroll, was recently interviewed by BenefitsPRO. In the article he discusses the hidden risks behind enticing rebate promises and why pharmacy cost predictability deserves a closer look.
Read the article: Gambling with Your PBM Self-Funded Program: Enticing Rebates but Hidden Risks. If you don’t have a BenefitsPRO account, click here for the PDF version.
