Pharmacy Benefit Management Institute Expands Content of 15th Annual Drug Benefit Design Survey


SCOTTSDALE, AZ--(Marketwire - May 5, 2009) - The Pharmacy Benefit Management Institute (PBMI) is expanding the scope of its legacy study on prescription costs and drug benefit plan design to understand more about value-based drug benefits, affordability of prescription drugs, and differences between fully-insured and self-insured plan designs. PBMI wants all sponsors of drug benefit programs, including employers, union groups and associations, to participate in the online survey now underway.

PBMI's 15th Prescription Drug Benefit Cost and Plan Design Survey will continue to document decisions organizations are making about their drug benefit plans to control costs and improve clinical outcomes. In addition to cost sharing and pharmacy reimbursement trends, the study provides insights on dispensing channels (retail, mail, specialty), per member per month utilization metrics, and clinical management tools including academic detailing, face-to-face consults, and step therapy.

"Widespread participation in our survey enables PBMI to provide a valued benchmarking resource for the professionals involved in designing and managing drug benefit programs," says Dana H. Felthouse, MBA, president of PBMI. "We have expanded survey incentives to encourage participation from plan sponsors offering the pharmacy benefit to active employees, retirees, and a combination of both populations."

Plan sponsors (employers, unions and associations) who have not received a survey invitation should contact PBMI at 480-730-9814 or info@pbmi.com. Survey deadline is June 12.

PBMI gratefully acknowledges the support of Takeda Pharmaceuticals North America (TPNA), Inc. for the provision of a grant to cover costs incurred in the production of print and online versions of the report. TPNA has no access to the individual responses or raw data gathered, nor do any other third parties. This protects the confidentiality of the survey respondents and ensures the independence and objectivity of this report.

The Pharmacy Benefit Management Institute provides research, continuing education, and Web resources that help health care benefit executives work effectively with pharmacy benefit managers to improve the design and management of drug benefit programs. Learn more at www.pbmi.com. To view this press release and other PBMI news, please visit www.pbmi.com/news-releases.asp

Contact Information: Contact: Maggie Bruce (480) 730-0814 Cell Phone: (602) 318-5003