CFO: Today’s Keys for Lowering Drug Costs

A great article from CFO’s Barry Eyre offers some helpful tips for plan sponsors to hold down drug costs.

According to the article: “As anyone who has analyzed a pharmacy benefit manager (PBM) contract will attest, these contracts are both complex and opaque. To maximize cost savings and risk management opportunities available through “carving out,” it is essential to understand and clarify all aspects of the contract while also embedding comprehensive audit rights and the ability to implement appropriate clinical programs.”  Read more…