Insight
PBM Best Practices Series: What to expect from your PBM account team
Pharmacy benefit managers play a key role in helping plan sponsors manage prescription drug spend, and good account management can make all the difference
Due to the coronavirus outbreak, the recent economic downturn has had a significant impact for many participants’ retirement accounts. The downturn in the stock market has left defined contribution (DC) plans that only value participant accounts on a daily basis in a predicament based on how and when they pay distributions to their participants. This article provides an overview of the distribution process and why now may be a good time for trustees to consider moving the DC plans to a daily valued environment.
Insight
Pharmacy benefit managers play a key role in helping plan sponsors manage prescription drug spend, and good account management can make all the difference
Multiemployer Review: Balance forward defined contribution plan challenges in turbulent times
This article provides an overview of the distribution process and why now may be a good time for trustees to consider moving the defined contribution plans to a daily valued environment.