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Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security.
Pharma innovation isn’t free—but few believe the sick should bear the costs. Balancing costs and benefits requires data, collaboration, and the courage to try new things.
As drugs become more sophisticated and targeted, they often become dramatically more expensive. Even common drugs can see massive price increases when patents change hands or new uses are found.
As our healthcare systems and patients bear the cost of pharmaceuticals, how do we create a system that is fair to all—especially those whose lives could be saved by greater availability of medications?
Five reasons why RFPs with PBMs should be a regular practice to help control Rx costs.
LWith increased consumer and regulatory scrutiny on drug prices, stakeholders in the pharmacy supply chain are exploring drug pricing alternatives.
The Medicare Part D program is on the verge of massive change due to passage of the Inflation Reduction Act.
Make high-quality financial comparisons of provider medical reimbursement rates across large insurance carriers.
Compare contracted discount rates and savings with real-time pharmaceutical claims experience reporting.
Give small and mid-size employers essential analysis needed for ensuring compliance and plan affordability under the Affordable Care Act (ACA).
Adopt the healthcare industry’s leading platform for data warehousing and healthcare analytics.
Deliver detailed, personalized Medicare plan price comparisons through a simple, web or API experience.
Identify opportunities to manage specialty pharmacy costs for existing and new drug therapies.
Make the right decisions when it comes time to enter a new market, launch a new product, or change benefits.
Facilitate rate development, ensure feasibility, implement communications strategies, and more with dedicated Part D expertise.
Choose the right pharmacy benefits management vendor and develop effective benefit plans.
Ask the tough questions. We’re ready for them.