18 May 2021Ended

Fact or Myth: The Truth Behind a Lowest-Net-Cost Approach to Manage Pharmacy Spend


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May 2021


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Faced with economic pressures from the COVID-19 pandemic, prescription affordability and pharmacy benefit spend is under the microscope, compelling .. Read more plan sponsors to find better ways to manage costs while preserving quality care for members. By taking a closer look at a few key plan components, you can gain a better understanding of your pharmacy benefit and determine fact from myth when it comes to achieving a lowest-net-cost formulary. With Navitus since 2004, Tom oversees a team of over 70 account management professionals, including pharmacists, client service executives and coordinators, who provide an exceptional customer experience every day to ensure clients receive the support and tools they need to better manage their plans. Tom and his team serve as highly experienced advisors, providing personalized, consultative service that helps clients improve plan performance, reduce costs and improve member health. Tom has over 30 years of pharmacy experience in a variety of settings, including hospitals, clinic pharmacies, health plans and pharmacy benefit management. Prior to joining Navitus, Tom served as the Pharmacy Coordinator for Dean Pharmacy. His managed care experience also includes several years at Dean Health Plan/Dean Health Insurance, Inc., where he supervised the prior authorization process, developed and enacted ad hoc reporting processes for audits, maintained MAC pricing for pharmacy reimbursement and sustained a superior customer service policy for the Dean Health Plan pharmacy department.

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