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The Employers’ Prescription for Employee Protection Toolkit: Best Practices for Prescription Drug Benefit Design

April 7, 2022 @ 12:00 pm - 1:00 pm

The Employers’ Prescription for Employee Protection Toolkit: Best Practices for Prescription Drug Benefit Design (Toolkit) was created by CancerCare, the leading national organization providing free, professional support services, and information to help people manage the emotional, practical, and financial challenges of cancer.

Insurance companies and benefits consultants increasingly recommend cost-saving strategies that control patients’ access to healthcare services—practices known as utilization management (UM). While UM can appear to be an attractive element of a health plan — particularly since insurance companies claim it not only saves money it results in better patient care too — UM can negatively impact outcomes for employees facing cancer and other serious illnesses. At least 40% of Americans will develop cancer in their lifetime, with an estimated two million new cases diagnosed each year. As the cost to treat cancer continues to rise, so does UM as a way to control access to treatment and contain spending.

Ideally, the goal of employer-provided health coverage is to provide employees with swift and effective treatment, to resolve symptoms and prevent poor outcomes. From a business standpoint, “swift and effective treatment” is likely to mean less time away from the job and a timely return to productive work.

The Toolkit is a comprehensive guide to help benefits managers, human resources professionals and executives better understand the unintended consequences of UM, so they can ask the right questions about these practices, make informed purchasing decisions and design prescription drug benefit packages that provide valued employees with the best possible care, in the most cost-effective way, when they need it most. Trish Goldsmith, CancerCare’s CEO will present highlights from the toolkit, including video explainers, case studies, and other key information to inform and empower HR decision makers to better protect their valued employees.

Speakers

Patricia Goldsmith, CEO, CancerCare
Carole Florman, Policy Fellow, CancerCare

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Details

Date:
April 7, 2022
Time:
12:00 pm - 1:00 pm