Washington, DC (PRWEB) January 14, 2015
Sudden increases and fluctuations in the retail prices of generic pharmaceuticals, which now account for 86% of prescription drugs dispensed in the U.S., have become a chief concern for health plans, employers and PBMs that were hoping to maximize generic opportunities made possible by the ongoing patent cliff. The Jan. 27 webinar from Atlantic Information Services, Inc. (AIS), “Offsetting the Spikes in Generic Drug Prices: Health Plan/PBM Strategies,” will provide a thorough account of the trend and how it impacts all levels of the pharmaceutical supply chain.
During 60 minutes of expert presentations — from Ross Muken and Michael Cherny of Evercore ISI’s Healthcare Services & Technology Research Team, and James Brehany, Pharm.D., J.D., PA-C of AmeriHealth Mercy/PerformRx — followed by 30 minutes devoted to individual questions, participants will get reliable answers to these and other key questions:
- Why are certain retail generic drug prices rising by as much as 1,000%? How do recent shifts in price compare to inflationary trends for brand-name drugs?
- How does that data look when factoring in the actual utilization of specific drugs that have fluctuated in price? How can payers track the impact of generic inflation to their trend?
- What formulary strategies are payers and purchasers using to offset the increases in cost of generic drugs?
- What are some of the outlier drugs that are driving the overall trend? How can payers restrict their use?
- Where is this trend heading, and who are the likely winners and losers?
Visit http://aishealth.com/marketplace/c5p04_012715 for more details and registration information.
Atlantic Information Services, Inc. (AIS) is a publishing and information company that has been serving the health care industry for more than 25 years. It develops highly targeted news, data and strategic information for managers in hospitals, health plans, medical group practices, pharmaceutical companies and other health care organizations. AIS products include print and electronic newsletters, websites, looseleafs, books, strategic reports, databases, webinars and conferences. Learn more at http://www.AISHealth.com.