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PBMI Drug Benefit Conference Fosters Better Benefit Decision-Making

The Pharmacy Benefit Management Institute's (PBMI) 2007 Prescription Drug Utilization Management Conference will help human resource professionals and pharmacy directors sharpen their economic know-how to make smarter drug benefit decisions. Sessions on drug pricing, PBM contracting strategies, and rational cost sharing will be highlights of the conference to be held February 21-23 at the Pointe Hilton Tapatio Cliffs Resort in Phoenix.

Conference sessions on drug benefit economics will highlight Methodologies used for calculating the cost and price of prescription drugs. Role of manufacturers, wholesalers, pharmacies and pharmacy benefit managers in costing and pricing processes. How changes in manufacturers' price reporting may impact the pricing of third-party prescription drug claims.

Payer-PBM contracting strategies that include definitions, performance guarantees, and financial penalties needed to manage your investment. Contract pricing methodologies most commonly used in this era of transparency. Economic drivers in Rx benefits and how they operate. Benefit designs that encourage members to use the lowest net cost drug medically appropriate for their needs.

The Pharmacy Benefit Management Institute provides research, continuing education, publications and Web resources that help health care benefit executives work effectively with their pharmacy benefit managers to improve the design and management of drug benefit programs.



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