Spotlight on Formulary Management
ACPE UAN: 0233-0000-19-048-L04-P | Contact Hours: 1.25 | Activity Type: Knowledge-based
Generic drugs with extraordinarily high prices continue to make national news and place upward pressure on plan premiums. Payers need timely notification of generic drug cost increases, methods for differentiating high-cost generic drugs and lower-cost alternatives, and management strategies for shifting utilization while minimizing member disruption.
This session will provide an overview of the challenges of a dynamic generic drug marketplace, generic drug cost monitoring methods, high cost generic utilization management strategies, and examples of successful interventions to shift utilization to lower cost alternatives.
At the completion of this activity, participants should be able to: