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Insights

Pharmacy Experts Find Saving for Self-insured Clients

5/20/2020

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"Employers have significant pressure on their healthcare costs. While many look for new solutions, there are also considerable savings in their current spend,” says Rebecca Lich, PharmD, MBA Pharmacy Practice Leader in Lockton’s Denver office. “Twenty two cents of every healthcare dollar is used for prescription drugs. Employers must have best-in-class agreements in place, but we also need to ensure those agreements are met. Every employer should take a ‘trust but verify’ approach through a pricing reconciliation audit. There is money to be found."
"Employers have significant pressure on their healthcare costs. While many look for new solutions, there are also considerable savings in their current spend,” says Rebecca Lich, PharmD, MBA Pharmacy Practice Leader in Lockton’s Denver office. “Twenty two cents of every healthcare dollar is used for prescription drugs. Employers must have best-in-class agreements in place, but we also need to ensure those agreements are met. Every employer should take a ‘trust but verify’ approach through a pricing reconciliation audit. There is money to be found."
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    Mike Smith - trying to put my history degree to good use through research and writing .  Mom would be proud but she still wanted me to study business.

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  • Home
  • BenefitSmith Global
    • 2023 Global Risks & Rewards
    • Elevate Capacity & Well-Being
    • The Future of Talent
  • Insights
  • Self Insured Solutions
  • Pharmacy Management
  • Data & Analytics
  • People Solutions
  • Stream with Smith
  • NEEBC & Lockton
  • Private Equity and M&A Support
  • About
  • Resources
    • MA Benefit & Leave Mandates
    • Uncommon Perspectives
    • Lockton Benefit Blog
    • Lockton Employee Benefits
    • Lockton Global Benefits - Compliance News
    • Lockton Insights & Publications
    • Lockton Private Risk Solutions
    • Kaiser Health News
    • New England Employee Benefits Council
  • Contact
  • Individual & Small Business Services from Mylo
  • Benchmarking, Trends & Updates
  • Where Employers Focus & How Lockton Helps