Toward Better Value: Employer Perspectives on Managing Prescription Drug Benefits

[fusion_builder_container hundred_percent="no" hundred_percent_height="no" hundred_percent_height_scroll="no" hundred_percent_height_center_content="yes" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" enable_mobile="no" parallax_speed="0.3" video_mp4="" video_webm="" video_ogv="" video_url="" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" video_preview_image="" border_size="" border_color="" border_style="solid" margin_top="" margin_bottom="" padding_top="" padding_right="" padding_bottom="" padding_left=""][fusion_builder_row][fusion_builder_column type="1_1" layout="1_1" spacing="" center_content="no" link="" target="_self" min_height="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="left top" background_repeat="no-repeat" hover_type="none" border_size="0" border_color="" border_style="solid" border_position="all" padding_top="" padding_right="" padding_bottom="" padding_left="" margin_top="" margin_bottom="" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset="" last="no"][fusion_text] Learn what employers can do to get better value for money spent on prescription drug benefits.  First, Chuck Reynolds of Benfield-Gallagher reviews key findings from research on employer experience and perspectives regarding pharmacy benefits management. Then, Kristen Putnam of Praxair describes her company’s journey from a traditional PBM vendor relationship to collaboration with their fully transparent and pass-through PBM partner. Notice to viewers:  Slide 45 includes an error.  The dark blue portion of the Praxair bar ($55.70 PMPM) represents traditional and specialty costs through the PBM; the light blue portion ($13.76) represents specialty costs carved out from the medical benefit. [/fusion_text][fusion_separator style_type="single solid" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" sep_color="" top_margin="30px" bottom_margin="30px" border_size="" icon="" icon_circle="" icon_circle_color="" width="" alignment="center" /][fusion_imageframe image_id="11247" style_type="none" stylecolor="" hover_type="none" bordersize="" bordercolor="" borderradius="" align="left" lightbox="no" gallery_id="" lightbox_image="" alt="" link="" linktarget="_self" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset=""]https://www.ibiweb.org/wp-content/uploads/2018/03/Chuck-Reynolds-200x200.jpg[/fusion_imageframe][fusion_text] Chuck Reynolds is a Consultant with Benfield, a Division of Gallagher Benefit Services, a consultancy focused on helping healthcare stakeholders improve health and healthcare value through research, strategy and strategic communications. [/fusion_text][fusion_separator style_type="default" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" sep_color="" top_margin="30px" bottom_margin="" border_size="" icon="" icon_circle="" icon_circle_color="" width="" alignment="center" /][fusion_imageframe image_id="11248" style_type="none" stylecolor="" hover_type="none" bordersize="" bordercolor="" borderradius="" align="left" lightbox="no" gallery_id="" lightbox_image="" alt="" link="" linktarget="_self" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset=""]https://www.ibiweb.org/wp-content/uploads/2018/03/Kristen-Putnam-200x200.jpg[/fusion_imageframe][fusion_text] Kristen Putnam is the Director of Global Benefits at Praxair. Kristen's expertise includes designing benefits programs, negotiating deals, compliance, managing vendor relations and collaborating with senior executives on program changes. [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]