The importance of fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA) first came to light with respect to employer-sponsored retirement plans.
The Employee Retirement Income Security Act of 1974 (ERISA) provides private employers and individuals covered by employer-sponsored retirement and health plans with certain protections codified
National CooperativeRx is approaching its 20th year of delivering substantial pharmacy benefit savings to employers who self-fund employee benefits. Our milestone anniversary prompts us to
October is National Cooperative Month, a time when cooperatives nationwide raise awareness about their reliable and empowering approaches to providing services to diverse communities. For
Glucagon-like peptide 1 (GLP-1s) are a class of medications used to treat diabetes that can also lead to weight loss. Since 2021, GLP-1s have been
Employers and plan sponsors continue to seek valuable, cost-saving pharmacy benefit solutions for their plan participants. A common consideration for self-funded employer groups, and sometimes
Pharmacy benefit managers (PBMs) work behind the scenes to fulfill employer groups’ prescription drug needs. First, PBMs negotiate agreements with drug manufacturers, wholesalers, and pharmacies
The Departments of Treasury and Labor, Health and Human Services have provided further guidance on gag clause provisions within the private health insurance and public
State legislators around the country continue to introduce bills to force health plans to count drug coupon value provided by pharmaceutical companies towards patient out-of-pocket
Prescription drug rebates can help plans find relief from their pharmacy benefit spend. But depending on the terms of their pharmacy benefits contract, some plans
You may have seen one of many news stories about insulin manufacturers Sanofi, Eli Lilly, and Novo Nordisk reducing the price of their products. With
When doctors prescribe a medication to a patient, it does not guarantee the medication will be approved or covered under the patient’s pharmacy benefit plan.