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Pharmacy Benefit Consulting

McGriff may just be the prescription you need

Need help selecting the best pharmacy benefit partner for your organization and your employees? McGriff is here to be your guide.

Over the next decade, the Centers for Medicare and Medicaid Services projects that retail drug spending will be the fastest-growing health care category—and will even outpace other health care spending.

To help manage costs, plan sponsors must exercise a high level of due diligence when reviewing potential pharmacy benefit managers (PBMs). That’s where the experts at McGriff can help.

Managed care complexity made simple

Our team will help you navigate the trends and complex challenges of today's healthcare landscape, including:

  • High investment specialty drugs and gene therapy
  • Advancements in value-based outcomes
  • Widespread use of data analytics in patient care
  • Role of technology in patient engagement

A comprehensive solution

McGriff's complete review of all PBM capabilities and financial terms includes:

  • Requests for Proposal (RFPs)
  • Contract terms and definitions
  • Financial performance guarantees
  • Pharmacy network options
  • Audit reviews
  • Operational efficiencies
  • Deep data analytics and trends
  • Specialty drug coupon program
  • Clinical program impact
  • Plan benefit design

Employee benefits insights & resources

August 2021 Employee Benefits Newsletter  (Newsletter)

July 2021 Employee Benefits Newsletter  (Newsletter)

June 2021 Employee Benefits Newsletter  (Newsletter)

Related services

Benefits Administration Technology

Knowledge and experience to help you select the best technology solution to meet your needs and the guidance to ensure a successful implementation.

COBRA Administration

State-of-the-art systems and processes to properly and efficiently ensure your compliance with COBRA regulations.

Clinical Wellness & Health Engagement

Industry insights, solutions and thought leadership to promote better employee health, reduce future health risks, and improve productivity.

Let's connect.

Our approach begins with understanding your needs and goals, so please contact us with any questions to get started.

Contact us

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    American Academy of Actuaries, Prescription Drug Spending in the U.S. Health Care System, March 2018

Insurance products and services offered through McGriff Insurance Services, Inc., a subsidiary of Truist Insurance Holdings, Inc., are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.

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