Past Event : Dec 15, 2021

TRUCKER HUSS WEBINAR: Pharmacy Benefit Managers (PBMs)—A Secret Behind High Drug Costs

DATE: Wednesday, December 15, 2021

TIME: 9:00 AM – 10:00 AM PST

PRESENTER: Mary Powell

Prescription drug costs keep escalating. What is driving these high costs? Pharmacy Benefit Managers (PBMs) are a large part of the problem. Understanding where PBMs fit into the drug pricing puzzle is key for plan sponsors.

The following will be discussed:

  • An explanation of PBMs
  • Basic concepts of how PBMs make money from health plans
  • Fiduciary obligations related to PBM contracts and services
  • How to read and negotiate a PBM contract
  • How the new transparency rules under the Affordable Care Act and the Consolidated Appropriations Act provide tools for plan sponsors to negotiate PBM contracts
  • Recent case law regarding PBMs

Questions or Comments: Contact: webinars@truckerhuss.com

MCLE Credit: This program is eligible for Continuing Legal Education (CLE) credit. Please contact Joe Harrison at jharrison@truckerhuss.com to receive a CLE certificate of completion.

MATERIALS: The materials for this presentation will be circulated with the webinar reminder two hours prior to commencement.

 

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