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Mercer’s 2023 Annual Benchmark Survey Results & Preventing Prescription Drug Cost From Destroying Your Margin

  • Webinar Date: April 25, 2024 @ 8:30 AM EDT / 7:30 AM CDT
  • Duration: 120 min

Part 1 Program Description

In today's intricate benefits landscape and under the influence of the Affordable Care Act (ACA), employers are seeking effective solutions to combat rising costs while addressing their most pressing business challenges. The focus is on finding ways to save money without compromising the level of benefits provided. We will showcase key findings from Mercer's National Survey of Employer-Sponsored Health Plans, the largest and most authoritative annual survey in the country on the subject of health and welfare benefits.

Part 1 Learning Objectives

  • Get an inside look at the impressive benchmark results from the 2023 Mercer Annual Benefits Survey. This survey, which has been conducted since 1986, is one of the most extensive and influential annual surveys in the United States.
  • Overview that encompasses data from approximately 2,500 employer groups across the nation, covering various regions, major industries, and employer size, ensuring a representative sample of all US employers.

Part 2 Program Description

The rapid increase in pharmacy costs has caused concern for employers of all industries. As bad as it seems to be, it is about to get worse given the specialty drug pipeline and other factors. What can employers do so they can still take care of their employees while managing pharmacy costs?

Join us for an in-depth discussion on the pharmacy and PBM landscape and strategies employers can use to manage their pharmacy risk and costs better.

Part 2 Learning Objective

  • How the PBM market is misaligned with employers’ goals.
  • The keys when assessing a PBM contract from both a financial and a contract language perspective.
  • What utilization strategies can help manage costs and the potential disruption with each.
  • Alternative drug acquisition strategies that can materially lower pharmacy costs. 

How to earn your credit:

  • Participants of the live broadcast are eligible to receive 2 CPE credits in Business Management & Organization or 2 PDC credits in Business Acumen. You will need to attend for 100+ minutes and answer 6+ polling questions to earn CPE credits or attend for 120+ minutes and answer 6+ polling questions to earn PDC credits.
  • Partial credit will not be offered.
  • For the best experience, we recommend attending the webinar on a desktop or laptop using a Chrome browser.

CPE Credits: 2|PDC Credits: 2 Prerequisites: N/A | Advanced Preparation: N/A | Knowledge Level: Basic | Field of Study: Business Management & Organization | Event Location: Virtual | Delivery Method: Group Internet-Based | Refund Policy: N/A

Vaco CPE

For more information regarding administrative policies such as complaints and refunds, please contact our Global Headquarters at 615-324-8226. Vaco is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Vaco is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities.

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