Post by USI Insurance Services

Pharmacy costs drive a significant portion of employer health plan spending, but a lack of transparency, particularly from pharmacy benefit managers (PBMs), prevents employers from fully understanding why. The federal government has taken several steps to increase transparency around compensation from service providers like PBMs. While this could help employers better understand what’s driving pharmacy spending, it remains to be seen whether it will slow rising costs. This article breaks down what employers need to know now, what’s still evolving, and why monitoring these developments matters for long-term health plan strategy: https://usi.info/4tdTFS8