The results of the Part D PBM RFP and contracting process is a major component of success for Medicare Advantage/Part D plans. Regulatory compliance and financial analysis are uniquely different when evaluating RFP submissions for Medicare plans in particular. Leveraging both operational PBM experts and Medicare actuaries can lead to a more detailed and strategic RFP. In this webinar, we dive into key elements for success in the Part D PBM process, including valuing the impact to net plan liability, understanding the pros and cons of network and formulary strategies, and understanding how to evaluate the ability for each PBM to offer the operational expertise needed to compliantly and effectively manage Part D benefits.
