Thank you to everyone who was able to join us for this live session where our experts covered how pharmacy contract guarantees work, explained the nuanced language that can impact them, and shared data and benchmarks to help brokers and plan sponsors evaluate guarantees more effectively.
Pharmacy benefit guarantees are an important part of most PBM contracts. From rebate guarantees to discount and trend guarantees, there’s a lot for plan sponsors to keep track of, and it’s not always as straightforward as it seems.
Learning Objectives:
- Understand the most common pharmacy contract guarantees and what they represent.
- Identify nuanced language (such as specialty list changes and rebate credits) that can impact guarantees.
- Apply practical strategies and understand benchmarks to negotiate, monitor, and optimize pharmacy contract guarantees effectively.
About the Speakers:
Kian Bichoupan, PhD, MS, SVP of Marketplace Operations
Kian brings over a decade of experience in the pharmacy and healthcare industry across both pharmaceutical companies and pharmacy benefit management (PBM). Currently serving as Senior Vice President of Operations at Truveris, Kian specializes in procurement and service monitoring for employer plan sponsors. Previously, he worked as a consultant at Simon-Kucher and Partners, collaborating with pharmaceutical companies to craft pricing and market access strategies. Kian is also a prolific researcher with 50+ publications and presentations on healthcare economics, drug pricing, and real-world evidence, primarily in infectious diseases.
Timothy Downey-Zayas, Senior Director of Analytics
Tim has dedicated his entire career to the healthcare industry. He began his career in clinical research at Memorial Sloan Kettering, gaining foundational experience in the medical space before transitioning into the world of Pharmacy Benefits.
At Truveris, Tim started as an analyst, specializing in contract oversight to bring firsthand knowledge of PBM contracting and reconciliation. With nearly a decade of experience in pharmacy benefits oversight and management, Tim now leads the analytics team at Truveris, where he continues to apply his expertise to drive data-informed decisions and deliver value to clients.
Truveris is a leading digital health company focused on delivering truth and clarity in pharmacy. Truveris’ proprietary technology, coupled with deep pharmacy expertise, helps to build a more efficient market that maximizes choice, accessibility, and prescription drug affordability. Our solutions provide the insight and knowledge to help people lead healthier and more productive lives.
