Thursday, September 14, 2017

Pharmacy Benefits Ripe for Transformation

Katie Kuehner-Hebert of Benefits Pro recently wrote an article that highlighted pharmacy benefits as one area of the health care value chain ripe for transformation.

“In theory, a drug should function like any other product in a rational consumer purchasing transaction, but it does not. Requirements related to the distribution of products, patient safety and clinical efficacy have pushed the industry to develop a complex chain of middlemen that deliver point solutions and are interdependent on one another, resulting in a longer and more complex channel.” 

This complex problem is brought on by an aging population, a continued rise in chronic disease and the accelerated commercialization of innovative drugs that carry a very expensive price tag. 

There's much more on this topic, so please be sure to read the full article HERE

HORIZON Health Ventures is a healthcare cost management solutions company used by insurance brokers, employee benefit consultants, third-party administrators, insurance companies, and associations, to bring proven thought leadership and strategy to the management of their clients healthcare costs. To learn more about HHV and their services, please visit http://horizonhealthventures.com/     

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