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July 26, 2006
Maximizing the Value of the Pharmacy Benefit: Society of Actuaries, Health Section
Location: Chicago Illinois, USA
Dates: 26-27 July 2006
Venue: Hard Rock Hotel
Prescription drugs have been a front burner issue for some time. A myriad of clinical, consumer, research advertising, safety, regulatory, and finance issues affect decisions that, in turn, impact drug costs and utilization. This seminar will focus on current areas of concern to commercial carriers and others charged with developing, managing, and providing benefits for prescription drugs.
Target Audience: Health Actuaries, Policy Makers, Health Plan and Managed Care Executives, Pharmacy Benefit Managers, Researchers and Academics, Health Insurers.
Level of Difficulty: This seminar is designed for attendees with a moderate level of knowledge on the topic of pharmacy benefits.
Society of Actuaries Professional Development Credit
This seminar has been approved for 8 units of Professional Development credit. For further information regarding the Professional Development requirement, please access the SOA Web site
Content
Issues and ways to maximize the pharmacy drug benefit will be addressed and explored in depth by a variety of experts. Presenters will provide insights and experience to help shape the ideas and approaches to addressing pharmacy benefit-related issues. Attendees will learn about the impact on commercial health plans caused by specialty pharmaceuticals, new chemical entity drugs (NCE), injectibles and Medicare’s new drug coverage policies and programs. Attendees should leave with an enhanced understanding of the key issues and current thinking on ways to maximize their drug benefit.
Specifically, session topics include:
- Value for money for pharmaceutical benefit
- Current Pricing/Design Issues and Strategies (New Benefit Designs and other strategies to Manage the impact to Trend)
- Findings for the SOA Study on Avian Influenza
- Drug Management Issues - the clinical and actuarial perspectives
- Effectively Managing the Pharmacy Benefit for all Age Groups
- “Consumer Issues”* Patient Behaviors: Compliance and Drugs as a substitute for lifestyle changes”? How outcomes are affected by the patients’ decisions, and poor outcomes only increase medical and pharmaceutical costs.
- Adverse Drug Events, Causality and their Potential Financial Impact
- Efficacy Issues
- New Drugs - Are they better than existing drugs
- New uses of existing drugs
- Safety and Recalls
- Impact of Government Programs on Commercial Carriers
Objectives
- Provide continuing educations, advance the Society of Actuaries Health Section Council’s mission, and serve as a robust forum for the exchange of ideas.
- Fill a major gap by focusing on a non-Medicare (i.e., commercial population), but include what’s new in Medicare Part D and its impact on other insured populations and active medical drug benefits.
Registration Procedures
You may register using two methods:
Online (credit card required) Deadline: Wednesday, July 19 Register online
Mail (check required) Deadline: Wednesday, July 12 Mail your registration form with check payable to:
Society of Actuaries
Maximizing the Value of the Pharmacy Benefit
P.O. Box 71293
Chicago, IL 60694
Full payment is required at the time of registration.
