Transparent Pharmacy Benefits in the Modern Insurance Industry
Wed, February 25, 2026 – 11:00 am - 12:00 pm CT
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This class has already taken place.
Description
Today, 27% of expenditures of the average health insurance plan are devoted to pharmacy benefits. With expensive, new therapies steadily emerging, that number continues to grow. Insurance professionals need a thorough understanding of the impact of pharmacy costs on overall health benefits. A comprehensive health benefit must balance costs and outcomes within both the medical and pharmacy components. This session covers solutions that can make a positive difference. In the challenging pharmacy benefit industry, some business models increase fiduciary risk while others can reduce or eliminate that risk for employers. Insurance brokers, benefit consultants and plan sponsors are taking note of recent lawsuits against large, well-known employers – and seeking guidance and advice on fiduciary duty, asking, “What is my fiduciary duty in pharmacy benefits? Is our company at risk? How can we meet these complex responsibilities?” Filled with practical guidance, this course includes detailed information and a free pharmacy benefit value analysis checklist for insurance professionals.

