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PBM Experts to Discuss Non-Rate Contracting Terms in Feb. 25 Atlantic Information Services Webinar
Date:2/14/2013

Washington, DC (PRWEB) February 14, 2013

Paying greater attention to non-rate components of PBM contracting can help pharmacy benefit administrators and plan sponsors avoid costly misunderstandings. The latest webinar from Atlantic Information Services, Inc., “PBM Contracting: Strategies to Achieve Effective Relationships Between PBMs and Health Plans,” will highlight key things to consider and offer strategies for all parties to secure a strong relationship and greater value.

When selecting a PBM or pharmacy benefit administrator, plan sponsors tend to focus narrowly on the rates being offered upfront for services such as network development and rebate administration. But some of the frequently overlooked aspects of the agreement — such as terms, definitions and the responsibilities of the parties — can contribute tremendously to the overall effectiveness and satisfaction with the contract and the long-term relationship between the parties.

In this Feb. 25 webinar, Helen Sherman, R.Ph., Pharm.D., a pharmacy benefit consultant and vice president at Solid Benefit Guidance, and Sam Brown, a pharmacy benefit attorney with The Phoenix Law Group, will provide answers to these and other big-dollar questions:

  • What are some of the most important, yet commonly overlooked, components of PBM procurement? Why are they important?
  • What are the terms, conditions, definitions and services that should be considered in contracts for PBM services?
  • What approaches to Medicare Part D star-quality ratings should be included in an agreement between PBMs and Part D sponsors?
  • What are some of the dynamics of specialty pharmacy contracting?

Learn how to secure a positive
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