Education Module: Transparent Pharmacy Benefits
Speaker: Tim Thomas, R. Ph. President and CEO of Crystal Clear Rx
For many benefits purchasers, drug spending is the fastest growing area of benefits spend. This module covers specific approaches to increasing transparency and control over drug pricing, formulary management, and leveraging data to get to the real cost of drugs. This is often one of the first areas of change in a plan, particularly for plans with geographically decentralized members, because the impact can happen rapidly.
Tim brings over 25 years of experience in executive management, sales, operations and information technology with PBMs, hospitals, pharmacy networks and other related service providers. Tim has reported to multiple Boards of Directors and has been responsible for everything from strategic planning to pharmaceutical contracting and pharmacy operations to running a PBM. Tim also holds a pharmacy degree.
