Did you know that the average cost of prescription drugs has increased 486 percent since 2007? If you think that’s painful, know that some employers are spending more on pharmacy than on overall medical spend!

On July 31, you’ll have the chance to listen to experts who will address the top 5 things employers need to consider to stretch their pharmacy dollar. From the type of pharmacy arrangement to the clinical programs that are available, we’ll tell you about trends to watch and tactics to implement to manage this challenge successfully. A pharmacy strategy should be in place to ensure all aspects of your pharmacy benefit – from pricing terms, contract, rebates, and other financial components to clinical programs, drug utilization, and benefit structure – are aligned to stretch the pharmacy dollar. As you weigh your options for your pharmacy strategy, Holmes Murphy has put together a list of five key items to consider through the renewal process:

• 1. Current pharmacy landscape
  2. Visibility into the pharmacy contract
  3. Thinking beyond “Traditional” pharmacy plan design
  4. The formulary dynamic
  5. Checks and balances

Give us just 30 minutes of your time, and we promise you’ll learn actionable strategies to tackle your drug spend.

Click here to register today. You won’t want to miss this webinar!