Blogs

How to Improve Your PBM Contract

By Tim Thomas / On Aug.08.2016 / In PBM contract, PBM, Pharmacy Benefits Manager, crystal clear rx, Tim Thomas, benefits design,

If you’re reading this blog, you’re most likely aware how cumbersome and intricate pharmacy benefit management (PBM) contracts can be. Negotiating these contracts properly takes a deep understanding of PBM business practices and definitions, industry-specific language, and pricing structures.

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Weathering the Rx Storm

By Tim Thomas / On Aug.08.2016 / In crystal clear rx, benefits design, healthcare, health care, health benefits, PBM, Pharmacy Benefits Manager,

If you are like most employers today, you are in the midst of a confusing landscape when it comes to managing pharmacy benefits. Making sound decisions on your Rx benefits design can be difficult and costly if you don’t have the right resources at hand. 

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Response to Barrons Article “Pharmacy-Benefit Managers Under Pressure”: The Importance of Transparency

By Tim Thomas / On Aug.03.2016 / In

The recent article “Pharmacy-Benefit Managers Under Pressure” published by Barron’s discusses how prescription drug prices are rapidly rising, how this affects employers and the reason behind the rising costs. At Crystal Clear Rx, we work closely with PBMs on a daily basis, and I can certainly attest to many of the points made within the article.

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Times they are a changin' AGAIN

By tthomas / On Nov.03.2015 / In

Times they are a changin’ AGAIN With the Walgreens announcement last week of the acquisition of Rite Aid, things just got even more interesting in the Pharmacy Benefits arena. It now appears we will have two Retail ownership based PBMs in the marketplace. Here is what we know: Rite Aid is to become a wholly owned subsidiary of Walgreens Boots Alliance The Rite Aid stores will operate as Rite Aid for an undefined period.

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