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About this session: “Copay Maximizers and Alternative Funding: What Self-Funded Plans Should Know”
With the proliferation of specialty drugs on the market – and the steady increase of pharmacy costs for self-funded plans – brokers and plan sponsors are exploring new strategies to reduce expenses for their organization, and their members. The variety of evolving solutions, such as copay maximizers and alternative funding, introduce new questions as to how these programs will impact the benefits plan.
This interactive session is focused on providing an objective overview of copay maximizers and alternative funding strategies. The information covered will arm self-funded groups with the information and perspective required to make informed decisions for their unique pharmacy benefit plans.
What is covered in the session
- The current state of copay assistance programs in the market
- Copay maximizers and alternative funding. What are they? How do they work? How are they changing?
- The risks and opportunities of these strategies. What is the impact on self-funded plans?
About the presenter: Louise Shea, RPh
Louise Shea, RPh, has nearly four decades of experience within the pharmacy and healthcare ecosystem. At Truveris, Louise serves as Vice President of Strategy and Innovation, where she devises and implements new solutions to the challenges that patients, payers, and life sciences brands face in the pharmacy chain.
Prior to joining Truveris, Louise spent time in the PBM industry, as Regional Vice President of Client Engagement at Prime Therapeutics. In a similar role, Louise spent time guiding clients at Lagniappe Pharmacy Services, a pharmacy technology company, based in Pine Brook, New Jersey.
For nearly 10 years, Louise was the Director of Strategic Operations at Argus Health Systems, where among other projects, she developed organizational structures to support pharmacy benefit management for clients, with an eye toward improving clinical programs, pharmacy networks, drug information, and reporting. Louise served in a similar role at Prudential Healthcare as Director of Pharmacy Operations Support.
Louise began her career behind the pharmacy counter as a community pharmacist for nearly seven years.