Pharmaceutical Benefit Management
Pharmaceutical benefits continue to be one of the primary drivers of healthcare costs.
Technological advancements including new therapies continue to drive costs higher without regard to increasing generic drug penetration driven by patent expirations and commonly employed formulary management strategies. The Medical Insurance Consulting Group has been a leader in innovative, compliant plan designs and procurement that not only can minimize increases in pharmaceutical spending, but maximize clinical outcomes. Unlike Pharmaceutical Benefit Managers who may have embedded conflicts of interest, MICG’s focus is exclusively centered on delivering best practice clinical outcomes in the most cost efficient manner. Our products include formulary management, plan design and other new and important products.
Contact us to find out more about our Pharmaceutical Management programs and how MICG can help your plan reduce its pharmaceutical cost while maximizing clinical outcomes and minimizing participant disruption.