Pharmacy Benefit Consulting
Guidance to Choose the Best Pharmacy Benefits Manager
We provide an unbiased review of all available resources so benefit plan sponsors can make an objective decision when choosing the best pharmacy benefits manager (PBM). Our Pharmacy Consulting Team provides:
- Pharmacy data analytics
- Financial term evaluation
- Quality of care clinical initiatives
- White papers and thought leadership
- Pharmacy benefit procurement and plan design strategy recommendations
Comprehensive Solutions
McGriff's complete review of all PBM capabilities and financial terms includes:
- Pricing terms and contract definitions
- Clinical utilization management
- Specialty trend optimization
- Retail Pharmacy Network performance
- Benefit plan optimization
- 340B optimization
- Implementation support
- Member communication campaign
- Annual performance guarantee reconciliation
- Audit of pricing and benefit design
Understanding Complex Pharmacy Claims Data
Let our pharmacy specialists review and update key areas including:
- PBM contract terms and definitions
- Quantity limits and prior authorization edits
- Network variance and potential retail 90 or limited network options
- Speciality drug coupon program
Ready to Get Started?
Our approach begins with understanding your needs and goals, so please contact us to get started.
Insights
White Papers
McGriff Market Update: Q4 2024Read More
Newsletters
December 2024 Employee Benefits NewsletterRead More
Newsletters
November 2024 Employee Benefits NewsletterRead More
Newsletters
October 2024 Employee Benefits NewsletterRead More
More Employee Benefits Solutions
Actuarial & Underwriting
Manage costs, mitigate risks, and reduce administrative burdens.
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Benefits Administration Technology
The right tech solutions to meet your benefits admin needs.
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Clinical Wellness
Better employee health and well-being, improved productivity, and lower costs.
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Health Management Services
The right combination of data analytics and wellness consulting.
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Flexible Benefits Administration
Administration services for FSAs, HSAs, HRAs, TSAs, COBRA and retiree billing.
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Retirement Consulting
Expertise with pension plans and post-retirement medical actuarial valuations.
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COBRA Administration & Direct Bill
State-of-the-art solutions to make sure you’re compliant with COBRA regulations.
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