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Pharmacy Benefit Managers (PBMs): A Secret Behind High Drug Costs

Trucker Huss

Dec. 15, 2021
On-Demand
Webinar

PRESENTER: Mary Powell

Prescription drug costs keep escalating. What is driving these high costs? Pharmacy Benefit Managers (PBMs) are a large part of the problem. Understanding where PBMs fit into the drug pricing puzzle is key for plan sponsors.

The following will be discussed:

  • An explanation of PBMs
  • Basic concepts of how PBMs make money from health plans
  • Fiduciary obligations related to PBM contracts and services
  • How to read and negotiate a PBM contract
  • How the new transparency rules under the Affordable Care Act and the Consolidated Appropriations Act provide tools for plan sponsors to negotiate PBM contracts
  • Recent case law regarding PBMs

Questions or Comments: Contact: webinars@truckerhuss.com

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