STRATeBEN has experience evaluating and building prescription drug plans. As plan sponsors now know, one of the key drivers of the alarming increase in health plan costs is Prescription Drug expenses. It requires unique skill to evaluate PBM effectiveness and negotiate the best possible arrangements for a particular plan. In addition, a more sophisticated approach to benefit plan design will position plan sponsors for long-term survival.
Pharmacy Benefit Management Capabilities:
 
bullet Deliver sophisticated reporting tools
Evaluate the effect of Rx expenses on the plan and
  More importantly, integrate Rx information as a key indicator of
    potential large claimant identification.
bullet Negotiate effective Rx arrangements
bullet Hold Rx Partners to strict Performance Metrics
Service
Savings
Claim Payment accuracy
 
RX Plan Management