Pharmacy Benefit Management

Let’s develop a strategy that manages costs and supports your employees

Connect With a Broker

With Drug Costs Rising,
It’s Time to Review Your Pharmacy Benefits

Canada’s drug prices are among the highest worldwide—and growing. Now more than ever, employers need to closely examine their pharmacy benefit plan. How often do you review your drug plan costs with your benefits broker? Do you understand the underlying cost drivers?

We can help you develop a multi-year strategy to address increased utilization and rising specialty drug costs before it adversely impacts your bottom line and your employees. Let’s work together to develop a cost effective approach to provide the critical drug treatments that your employees need.

Canadians spent approximately $33 billion on prescribed drugs in 2018*, with more than half being paid by private companies and individuals.

Are you doing all you can to manage costs for your workforce?
*Canadian Institute for Health Information

Contact an advisor

Pharmacy Benefits Management

Biosimilar Drugs: Creating a Sustainable Benefits Plan for the Future

Across Canada, provinces are starting to support the switch from biologic drugs to biosimilar drugs, which are clinically similar, but considerably less expensive.

Learn More

Hidden Threat to Employee Benefits Plans: Rising RX Costs

When it comes to benefit plan sustainability, the main challenge continues to be rising prescription costs, including specialty drugs.

Learn More

How to Develop a Process for Managing Plan Coverage of Specialty Drugs

Plan administrators and formulary experts may say “no” or “not yet” to certain new cancer treatments. Learn more about how to manage claims of newer specialty drugs.

Learn More