The Benefit Whisperer
The Rebate Racket: Why Employers Are Still Getting Fleeced (Ep. 35)
Ralph Weber is joined again by PBM insider Rachel Strauss to deconstruct how rebate programs have evolved into hidden commissions and cost traps. Learn how to avoid rebate mirages, leverage 340B strategies, and spot the telltale signs your PBM is profiting more than they should.
00:00 Introduction to Pharmacy Benefits and Rebates
02:39 The Evolution of Rebates in Healthcare
07:08 Understanding How Rebates Work
10:12 The Importance of Net Cost Tracking
15:28 Exploring Alternative PBM Models
18:17 Understanding Fiduciary Responsibility in PBM Contracts
19:01 The Role of Prior Authorization and Step Therapy
24:48 Navigating Pharmaceutical Pricing and Transparency
26:53 Quick Wins for Employers in Pharmacy Benefits Management
Guest: Rachel Strauss | rachelmstrauss.com | LinkedIn: linkedin.com/in/rachelmstrauss | Email: rachel@rachelmstrauss.com
Host: Ralph Weber | ralph@thebenefitwhisperer.com | Phone: (832) 924-3330 | Website: fixmybenefitsnow.com | Schedule a FREE consultation with Ralph: bit.ly/4i8Zpsw
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