Health

Understanding Pharmacy Benefits

Video Summary

In this webinar, we focus on understanding pharmacy benefits. Learn about key concepts including how pharmacy benefits work and the impact of copays and deductibles. We will provide insights into navigating pharmacy benefits, addressing common misconceptions, and answering your questions to empower you in making informed decisions about your client's healthcare.

Timestamps

(1:09) Quoting

Understanding how to quote with prescriptions

(5:22) Finding the Formularies

Finding the right formulary, understanding the parts

(10:44) Tiers

Tier levels and differences

(12:22) Considerations

Carrier requirements

(16:01) Abbreviations

Abbreviation key

(18:14) Reading the Page

How to read a drug page

(21:58) Cost

Plan levels, details, factors to consider

(32:29) Resources

Brokerage Bucks, trainings, contact information

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