With tariffs in the mix, pharmacy benefits deserve a second look
Prescryptive’s SVP of Payer Solutions, Rae McMahan, offers timely insights in her new article in BenefitsPRO, “With tariffs in the mix, pharmacy benefits deserve a second look.”
Key Takeaways for Employers & Brokers
- Point-of-Care Technology = Potential Savings
Empowering members with transparent pricing and alternative options right at the clinician’s office leads to smarter decisions—and cuts costly surprises at the pharmacy counter. - Reimagine Formularies Based on Value
Legacy benefit designs often focus on high-cost, low-value drugs. Rae advocates for a drug-list management approach—streamlining formularies to favor clinically effective, cost-efficient medicines while maintaining access. - Precision Utilization Review ≠ Restrictive
By applying targeted prior authorizations and step therapy, plans can curb overspending without overburdening members. Real-world results? About a 30% reduction in GLP‑1 claims via thoughtful use management.
As outside pressures squeeze employer budgets, pharmacy benefits could become a powerful lever for savings without sacrificing care.
Ready to explore smarter pharmacy benefits?
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