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Cost Benefits Using Authorized Generics in Your Pharmacy Plan Design

Midwest Business Group on Health

Oct. 5, 2020
Recorded Online

More than ever, employers are searching for easy to implement c0st-saving opportunities. At MBGH’s 40th annual conference, we launched a new report, Considering Authorized Generics (AGs) in Your Pharmacy Benefit Design, to help employers better understand and identify the value.

AG’s are brand name drugs that have come off patent and offer lower pricing than the brand name counterpart. They are identical to the originator drug and follow the FDA’s high-quality standards for safety and efficacy.

This program will help employers:

  • Understand how AGs can impact cost management efforts through increased adherence, lower switch-back to brand rates and support patients sensitive to inactive ingredients found in most standard generics
  • Gather key action steps on how to improve the use of AGs
  • Identify ways to work with carriers and PBMs to integrate them into pharmacy plan designs

This program is cosponsored by MBGH and the MidAmerica Coalition on Health Care.

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