Catalyst for Payment Reform

Attacking Waste through Formulary Management: Self-Insured Schools of California

Attacking Waste through Formulary Management: Self-Insured Schools of California

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Find out how Self-Insured Schools of California (SISC) achieved a significant reduction in its cost trend and PMPM savings by overhauling its pharmacy benefit, implementing a waste free formulary.

 

Relying on three key principles in its approach: attacking waste, lowest net cost, and transparent pricing, SISC partnered with Navitus Health Solutions and Integrity Pharmaceutical Advisors to tackle pharmacy costs that were out of control and transition to a waste free formulary.

Written exclusively to help purchasers learn from one another and spread best practices, this case study covers:

  • The circumstances that led SISC to overhaul its pharmacy benefit;
  • How SISC selected its consultant partner (Integrity) and new PBM (Navitus);
  • How SISC worked with Integrity to begin the formulary modification process and transition to the waste-free-formulary
  • How SISC successfully rolled out the waste-free formulary with minimal member disruption.
  • Results and key insights for other employers;

CPR conducted interviews with John Stenerson, Deputy Executive Officer of Self-Insured Schools of California and Thomas Cordeiro, RPh, FASCP, President of Integrity Pharmaceutical Advisors LLC to inform the case study.

 


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Type: Case Study

SKU SISCCaseStudy Category Tags , ,

$49.00

$49

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