Prescription Drug Plan Resources
Watko Blog
Prescription Spend

By Kari Hoback, Senior Account Manager

April 5, 2023

If you have ever taken a deep dive into prescription drug plans and pharmacy benefits (or even dipped your toe in), you know it can be confusing and difficult to understand.  Rebates, step therapy, copay maximization, formulary, pass through, alternative funding, discounts…  What does all of this mean, and how do you know you are choosing the best options for your employees while also maximizing savings?

Watko Benefit Group has resources available to:

  • Analyze your current Pharmacy Benefit Management (PBM) contract and performance
  • Educate you regarding the various plans and programs that are available
  • Search the PBM marketplace to find a partner that will help meet your objectives
  • Oversee the ongoing performance of your chosen PBM and provide insights based on your specific plan data
  • Proactively monitor the ever-changing marketplace, and provide updates and new ideas as things evolve

Please contact us to learn more about these valuable resources.

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