United Benefit Advisors Insight and Analysis Blog

Solving the Prescription Puzzle

Posted by: Mary Delaney, MSPT, CWP    Jan 24, 2017 9:30:00 AM

Determining how an employer develops the most effective formulary, while protecting the financial stability of the plan, is certainly the challenge of this decade. Prescription management used to mean monitoring that the right people are taking medications to control their disease while creating strategies to move them from brand name to generic medications. With the dawn of specialty medications, formulary management has become a game of maximizing the pass-through of rebates, creating the best prior authorization strategies and tiering of benefits to create some barrier to more expensive medications, all without becoming too disruptive.

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Topics: prescription drug cost, multi-tier prescription drug plans, prescription management, disease management, UBA Health Plan Survey, health care cost containment, mail order drug benefits, Mary Delaney, Vital Incite

Mail Order or Not?

Posted by: Mary Delaney, MSPT, CWP    Jul 29, 2016 10:37:19 AM

In 1990, Health Affairs* reported “The escalating costs of prescription drugs and competition among pharmaceutical firms for customers are drawing the attention of policymakers, pharmacies, and individual and institutional purchasers. Mail-order pharmacies recently have grown in prominence as a competitive alternative to the local community pharmacy.”

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Topics: mail order drug benefits, prescription drug cost, Mary Delaney, prescription drug trends, Brenda Motheral

Industry Trends Emerge in Mail Order Drug Benefits

Posted by: Mary Drueke-Collins, FSA    Jul 8, 2016 11:19:18 AM

Mail order has always been a convenient way for individuals to keep their maintenance drug prescriptions filled. Employers often wonder, are there other advantages to using mail order other than convenience? As an employer, should we be incentivizing mail order? The answers to some of these questions can be found in results from the latest UBA Health Plan Survey.

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Topics: prescription drug plans, UBA Health Plan Survey, mail order drug benefits, prescription drug cost, Mary Drueke-Collins