How PBMs and Spread Pricing Affect Overall Rx Spend
According to Statista, prescription drug expenditure in the United States totaled $358 billion in 2020, up 50% since 2011. Pharmacy Benefit Managers (PBM) work as middlemen for many stakeholders as funds exchange hands within the drug supply chain. However, their pricing methods lack complete transparency …
Current Effects of Rebates On Prescription Pricing
Similar to manufacturers of consumer product goods, many drug manufacturers offer rebates to lower the overall cost of the medication they produce. Instead of offering these rebates to employers and health insurers, however, pharmacy benefit managers are often the only ones on the receiving end …
How Traditional Rx Spread Pricing Affects Annual Health Spend
According to Statista, prescription drug expenditure in the United States totaled $358 billion in 2020, up 50% since 2011. Pharmacy Benefit Managers (PBM) work as middlemen for many stakeholders as funds exchange hands within the drug supply chain. However, their pricing methods lack complete transparency …
Infographic: THB’s Telehealth Growth Analysis
What do the numbers 600, 50, and 90,500 all represent? These are all multipliers and raw growth numbers for the surge in demand for telemedicine access during the onset of the pandemic in the United States. Take a look at AHIP's breakdown of the numbers and …
Expanding Access to Care with Onsite Clinics
Employers of all sizes are considering onsite and near-site healthcare as a method to expand access to care, while providing their workforce with the same great quality of care they’re used to. According to the National Business Group on Health, it is estimated that nearly …
Expanding Access to Care is Vital in 2021 and Beyond
When looking to exercise health benefits provided by their employers, employees will often ask about the ways in which they’ll be able to access this care. The COVID-19 pandemic has further emphasized the need for this process to be simple and efficient, as it ultimately …
Expanding Access With Direct Primary Care
Direct Primary Care, also known as concierge healthcare, has introduced a fresh perspective to the way employers are accustomed to providing care. The model works by directly connecting the patient to the healthcare provider. This effectively cuts out the increasing premiums, claims and overall headaches …
How Telemedicine Can Transform Your Employee Health Benefits
With the COVID-19 pandemic keeping many of your employees indoors, telemedicine has emerged as a convenient for employers to expand access to quality healthcare for their workforce. In 2018, a survey by the Business Group on Health revealed that only 52% of employers believed in …
Expanding Access With Onsite Clinics
Employers of all sizes are considering onsite and near site healthcare as a method to expand access to care, while providing their workforce with the same great quality of care they’re used to. According to the National Business Group on Health, it is estimated that …
Expanding Access With Direct Primary Care
Direct Primary Care, also known as concierge healthcare, has introduced a fresh perspective to the way employers are accustomed to providing care. The model works by directly connecting the patient to the healthcare provider. This effectively cuts out the increasing premiums, claims and overall headaches …
