SOURCE: Pharmacy Benefit Management Institute

Pharmacy Benefit Management Institute

April 22, 2010 10:30 ET

Deadline Extended for Employer Participation in Drug Benefit Survey

SCOTTSDALE, AZ--(Marketwire - April 22, 2010) - The Pharmacy Benefit Management Institute (PBMI) has extended the deadline for employer participation in its annual drug benefit design survey to May 14. The extension gives all sponsors of drug benefit programs, including employers, union groups, and associations, an additional two weeks to participate in the online survey.

PBMI's annual Prescription Drug Benefit Cost and Plan Design Survey documents decisions organizations are making about their drug benefit plans to control costs and improve clinical outcomes. In addition to cost sharing and pharmacy reimbursement trends, the study provides insights on dispensing channels (retail, mail, specialty), per member per month utilization metrics, and clinical management tools including academic detailing, face-to-face consults, and step therapy. The 2010 survey has been expanded to learn more about how organizations are addressing specialty pharmacy and personalized medicine.

"Widespread participation in our survey enables PBMI to provide valued benefits benchmarking resources to all of the professionals involved in designing and managing drug benefit programs," says Dana H. Felthouse, MBA, president of PBMI. "We offer incentives for participation and now have extended the time frame to allow more plan sponsors to complete the survey."

Plan sponsors (employers, unions and associations) who have not received a survey invitation should contact PBMI at 480-730-9814 or info@pbmi.com.

PBMI gratefully acknowledges the support of Takeda Pharmaceuticals North America (TPNA), Inc. for the provision of a grant to cover costs incurred in the production of print and online versions of the report. TPNA has no access to the individual responses or raw data gathered, nor do any other third parties. This protects the confidentiality of the survey respondents and ensures the independence and objectivity of this report.

The Pharmacy Benefit Management Institute provides research and education to help health care benefit executives work effectively with pharmacy benefit managers to improve the design and management of drug benefit programs. Learn more at www.pbmi.com. To view this release and other PBMI news, visit www.pbmi.com/news-releases.asp.

Contact Information

  • Contact:
    Maggie Bruce (480) 730-0814
    Cell Phone: (602) 318-5003
    Email: Email Contact