Managing pharmacy benefits cost-effectively for an aging workforce.Empl Benefits J. 2002 Sep; 27(3):37-40.EB
Many baby boomers believe age is no more than a number. Employers and plan sponsors will need to provide cost-effective pharmacy benefits to this group, as well as other Americans, all of whom will be using more prescriptions that cost more. Employers and union trusts can use a pharmacy benefits management (PBM) company that understands the importance of cost management, focuses on improving patient outcomes and works with the plan sponsor to create a phased approach to a disciplined pharmacy management strategy. Education of all parties is key.