5 ways to supercharge your PBM search
Employers, it’s RFP season! Are you looking for a PBM upgrade?
According to research commissioned by Prescryptive Health and undertaken by Cascade Insights in 2021, 65% of self-insured employers are dissatisfied with their pharmacy benefits manager, or PBM, with cost as a driving factor.
If you’re unhappy with your current PBM, it might be time to supercharge the RFP process and find the PBM you deserve.
65% of self-insured employers are dissatisfied with their pharmacy benefits manager
How supercharged should your PBM search be?
The answer: As supercharged and thorough as you can make it. Finding the right PBM plays a key role in keeping your employees engaged and your costs under control.
Whether you’re managing the RFP process on your own or working with a broker/consultant, taking the time for a detailed search will help you find a PBM partner you can trust and rely on. In the end the results are all about your real bottom line: Happier, more engaged employees.
If you’re planning on embarking on a new PBM search, put these five timely tips in your RFP toolbox:
Want even more cost-saving, employee-engaging insights? Download our free white paper “5 questions to ask your pharmacy benefits consultant to drive down costs.”