Pharmacy Market Update and Strategic Ideas for Employers
May 22, 2023•26 min•Ep. 38
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Episode description
Jared, Vanessa and Adam are joined by Steve Maike, Chief Pharmacy Officer for Remedy Analytics (part of the Brown & Brown team), and Alan Pannier, Vice President of Strategy with SmithRx. The team leads a discussion around strategies and best practices for employers to help confront the rising costs of pharmaceuticals for employers. Pharmacy cost increases are projected to be 9.8% with specialty drugs leading that trend, up almost 13.5% in 2023. The team covers strategies from highlighting biosimilars, gene therapy, navigational resources and recent legislation directly impacting employers on their pharmacy plans.
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