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Employer Benefits IQ

Pharmacy Costs Are Exploding — Employer Benefits Decision Journey

Guided Decision Journey

Our pharmacy costs are exploding.

Pharmacy is now the fastest-growing cost driver in employer health plans — driven by specialty drugs, PBM spread pricing, and inadequate rebate pass-through. This journey takes you from diagnosis to action.

The problem

Specialty drugs now represent 40–50% of pharmacy spend for most employers — and PBMs profit from opacity. Spread pricing, retained rebates, and formulary manipulation cost employers an estimated $5–15 PEPM in hidden fees.

The outcome

A quantified savings opportunity, a graded assessment of your current PBM program, an AI review of your contract terms, and a shortlist of PBM alternatives — with a clear negotiation strategy.

Start here: PBM Learning Track

6 steps · Free · No login required to start

Your step-by-step plan

1
LearningStart here

PBM Learning Track

Understand how PBMs make money, what spread pricing is, how rebates work, and what a good PBM contract looks like. You can't negotiate what you don't understand.

Already familiar with PBM mechanics? Skip to step 2.

Start learning
2
Calculator

PBM Savings Calculator

Quantify your savings opportunity across generic fill rate, mail order, specialty management, spread pricing, and rebate pass-through. Most employers find $50–200 PEPM in recoverable savings.

Run calculator
3
Assessment

PBM Analysis™

A 15-question graded assessment of your pharmacy program. Identifies specific weaknesses in your formulary design, specialty management, and contract terms.

Run assessment
4
Calculator

PBM Contract IQ™

Upload your current PBM contract and get an AI-powered scoring of your terms against market benchmarks. Identifies red flags, missing protections, and negotiation leverage points.

Review contract
5
Comparison

Compare PBM Vendors

See how alternative PBMs compare on rebates, spread pricing, specialty management, and formulary design. Use your contract review findings as your evaluation criteria.

Compare PBMs
6
Learning

Specialty Strategy Resources

Specialty drugs are the #1 PBM cost driver. Learn about carve-outs, white-bagging, biosimilar substitution, and specialty pharmacy networks — and how to negotiate them into your contract.

Explore resources