TLB 9.15.16

Employer Group Waiver Plan Pharmacy Networks

A free white paper by Transamerica Affinity

Along with formulary and benefit design, pharmacy network strategy is another tool plan sponsors can use to help contain rising prescription drug costs. Medicare regulations do not permit many network strategies commonly used by commercial plans, such as mandatory mail programs or restricting refills at retail pharmacies. However, two different network strategies are widely used: preferred pharmacy networks and limited pharmacy networks.

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