Interview: Prescription Drug Plan Costs & Benefit Plan Costs

In this interview, one of the top Colorado employee benefits consultants with actuarial expertise, Brad Gauen, shares some of the ways in which Third Party Administrators (TPAs) and Benefits solutions providers may overlook prescription drug plan costs that add significantly to the overall employee benefits costs.

Some things executives and managers  should beware of?

• Generic Drug Definition & Utilization
• Pharmacy Benefit Manager (PBM) billing generics at non-generic rates.
• Potential PBM contract mistakes
• Prescription drug plan contract oversights
• And More

Listeners will benefit from Brad's nearly 30 year career spent creating insurance products, underwriting them, and negotiating their pricing on behalf of client organizations.