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THE CHALLENGE
Unsophisticated reporting processes lead to poor decisions
THE SOLUTION
DYNAMIC PHARMACY ANALYTICS AND REPORTING IN ONE TOOL
Milliman SkySail
Milliman Economic Scenario Generator (ESG) offered this client flexible capabilities with a cloud-native solution driven by the leading mathematical modeling of Milliman’s expert R&D team.
With deep customization capabilities, Milliman Economic Scenario Generator (ESG) provided the long-term volatility modeling at the time required.
By providing an effective solution alongside individualized support, the client found a better way to satisfy regulators.
Leveraging Milliman Integrate architecture, Milliman Economic Scenario Generator was integrated into this insurer’s framework with the ability to deliver up to 10,000 scenarios at D+1
In this series of articles, Milliman consultants explore a range of issues relating to PBM best practices.
Is your PBM delivering ROI? Learn how to improve your RFP and contracting processes to get more value from the relationship.
One of the most important ways plan sponsors can lower healthcare costs without significantly changing their benefits is to look for opportunities to improve their pharmacy benefit manager (PBM) contract.
Effective PBM contracting can have a significant impact on the cost of prescription-drug benefits.
This paper looks at the pharmacy benefit manager (PBM) implementation process and identifies key items to consider for a successful PBM implementation, including pre- and post-implementation activities.
Prescription drug costs have increased dramatically in recent years with double-digit average wholesale price (AWP) inflation trends becoming common.
