Managing Pharmacy Benefit Costs – Transparency and Legislative Changes
Prescription Drug benefit costs continue to increase faster than any other medical program offered by schools. There is a long list of reasons why this is occurring, most of which you do not hear about in the media. The purpose of this 30 minute webinar is to familiarize you with some of these reasons so you can be better equipped to look for solutions in regard to keeping costs down. Please join us for this informative session. This presentation will give you the important highlights of these issues and how the NSBA School Rx Cooperative works to protect schools from costly conflicts of interest.
The Cooperative is a new and innovative pharmacy benefit program that delivers cost savings to self-funded districts. Budgets are tight. Student achievement is our priority. This is a way to save money and put it back where it belongs, back to student achievement. This program is a win for your district and for advancing student success. With over 500,000 individuals enrolled, the School Rx program allows its members to take advantage of discounted pharmaceutical pricing.
Pharmacy benefits are currently unregulated and big insurance and pharmacy drug companies are able to hide revenue in complicated contract language. Self-insured school districts spend millions of dollars on pharmacy benefits and that number is expected to grow drastically. The NSBA School RX Cooperative offers the best of Pharmacy Benefit Management (PBM) thru Express Scripts with a watch dog component that is focused on helping school districts keep dollars in their pockets. Our program provides significant and guaranteed improvement in all areas of drug cost management. This includes discounts, dispensing fees, rebates and increased generic utilization. The NSBA School Rx Cooperative offers schools the ability to take advantage of national purchasing power to drive the best possible pricing and contract terms.
Take the First Step to save and get further information on the Cooperative and a free cost savings analysis.
Contact Gerry Blaum at firstname.lastname@example.org to learn more.