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Free Webinar - Value-Based Insurance Design: A Case Study
Tuesday, May 22nd | 1:30 pm Eastern
Join us as Bimal Patel, Pharm.D., M.S., Director, Health Outcomes Research, MedImpact and Mark Eichler, BS Pharm, RPh, Director of Clinical Pharmacy Services, MAHCP present on the design and implementation of an innovative approach, URx. This is a unique drug benefit program that leverages a value-based benefit design, an eight-tier formulary (five basic tiers and three specialty tiers), behavior change metrics, an "evidenced-based, report-card like formulary" and member engagement strategies. MedImpact served as MAHCP's pharmacy benefit administrator (PBA) to build and administer the design. Implementation of this new program resulted in realization of $31 Per Member Per Month reduction in plan medication spend for MAHCP.
This 60-minute webinar will also include:
- An overview of what a Value-Based Insurance Design (V-BID) is and demonstrate what a recent, innovative V-BID looks like
- Question and Answer session to help you get your top questions answered
Seats fill up fast! Register Today.
*The Montana Association of Health Care Purchasers (MAHCP) and MedImpact Healthcare Systems, Inc. received a 2012 Rx Benefit Innovation Award for the design and implementation of approach URx.
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Join us in Las Vegas for the 2013 PBMI Drug Benefit Conference (February 18-20, 2013)
- Hear from engaging and thought-provoking industry leaders
- Choose from two educational session tracks (3-day specialty program and/or traditional pharmacy benefit program)
- Enjoy daily networking opportunities
- Earn free continuing education credit
- Attend PBMI’s prestigious Rx Benefit Innovation Awards Ceremony
Stay tuned for more announcements...
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PBMI 2012 Drug Benefit Conference Materials Available
Visit our Virtual Conference Resource Page that houses several of the presentations given at the conference. Featured topics include:
- Evolution of the PBM Industry, Special Guest Speaker, Barrett Toan, Former CEO of Express Scripts
- The Future Ain’t what it Used to Be…Keeping Up with the Changes in Specialty Pharmacy, Randell “RJ” Correia, PharmD, Senior Vice President, Pharmacy Services, Optum Rx
- The Wall Street View of the PBM Space, George R. Hill, Director of Healthcare Technology and Distribution, Citi Investment Research
- MTM Case Studies: Impacting STAR Ratings and Validating Hard-Dollar Savings, Patty Kumbera, RPh, Chief Operating Officer, Outcomes Pharmaceutical Health Care
If you missed the conference, you can purchase presentations by clicking on the following link : http://conference.pbmi.com. You have the option to purchase individual presentations for $99 each or purchase all available presentations for $399.
*If you were a conference attendee, please use the login credentials previously provided to access the Conference Resource Page.
2012 Rx Innovation Award Winners
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The Pharmacy Benefit Management Institute awarded three 2012 Rx Benefit Innovation Awards to ClearScript, MedImpact Healthcare Systems, Inc. in collaboration with the Montana Association of Health Care Purchasers (MAHCP), and Whirlpool Corporation. The Awards were announced at PBMI's 17th Annual Drug Benefit Conference.
The recipients of this year's awards were selected based on the project's overall originality, strength of reported results, and potential to improve patient outcomes. Our 2012 award recipients have demonstrated creative thinking by designing solutions to address numerous challenges in prescription drug programs. Their example will inspire other plan sponsors to implement one or more of these approaches in their own populations.
Learn more
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PBMI’s 2012 PBM Customer Satisfaction Report
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The report provides an insider’s view of PBM performance. The report shares how U.S. employers, health plans and union groups rate their own PBMs on overall performance and a full range of service dimensions. For the first time, satisfaction by type of plan sponsor has been captured and the results are segmented by larger and smaller PBMs. The newly designed, four-color report provides benefit managers and industry experts with valuable market intelligence:
• Information for researching, selecting and managing PBMs.
• Trend data on service performance of PBMs.
• Strengths and weaknesses of individual PBMs.
• Insights on transparency and customer loyalty
Go to the shopping cart to purchase. Members receive a 10% discount.
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2012 Specialty Drug Benefit Report, Sponsored by Walgreens, now available!
Survey Result Highlights from PBMI’s First Annual Specialty Drug Benefit Report – PBMI launched its first Specialty Drug Benefit Report, February 2012. Take a look at this report to review results of its 2011 Specialty Drug Benefit Survey of Employers and Health Plans. Because of Walgreens sponsorship - the report is complimentary. Go to the PBMI shopping cart to order.
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