Today's blog features the Express Scripts article that addresses the topic of aligning retiree prescription needs with employer budgets. Employer sponsored plans must manage both the costs of providing healthcare coverage while offering high-level service to their retirees. They have to constantly battle between their own financial obligations and the commitments they have made to these retirees and their families."Part D plans spent close to $3,700 per member per year (PMPY) on prescription drugs for Medicare beneficiaries in 2016 – more than three times the PMPY spend seen in commercial, Medicaid and Exchange populations. This illustrates just how costly retiree drug coverage has become to maintain."
Read the full article on this topic HERE!
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