Employee Benefits Masterclass

 

A Brown & Brown Whiteboard Event

EARN 2 SHRM and HRCI CREDITS

Prescriptions Unveiled

  • A Journey through Pharmacy 101
  • PBM Contracting Options
  • The future of High-Cost Drugs and Industry Trend Drivers
  • Alternative Options for Funding of Medications (International, Alternative Funding, Manufacturing Assistance and others)

Myths & Misconceptions About Employer Health Plans

  • Why employers are failing at health plan management
  • Why your medical plan is managing the wrong population’s health
  • Why your spouses don’t cost what you think and why spousal programs don’t work
  • Why the industry benchmarks are wrong and are driving the costs of your health plan higher
  • How to structure your medical offering to increase the value of benefits and reduce costs

When

Tuesday, June 4th, 2024

1:30 PM – 2:00 PM | Check-in and Registration
2:00 PM – 4:00 PM | Seminar
4:00 PM | Happy Hour

Where

Hilton Garden Inn Downtown Sioux Falls

5300 S Grand Cir, Sioux Falls, SD 57108

Frank Bacon, Senior Vice President, Pharmacy Consulting at Brown & Brown

Frank serves as Brown & Browns’ Senior Vice President of Pharmacy Consulting.  He provides advisory services to Brown & Brown clients and consultants, supporting efforts to manage effective delivery of prescription benefits to employees while maximizing cost efficiencies. Frank joined Brown & Brown in 2016.

Frank’s responsibilities include advising clients in the area of pharmacy benefit design and PBM contracting.  This entails creating customized PBM contracts based on client-specific utilization, conducting audits of pharmacy claims experience to ensure contracted rate adherence, as well as establishing and maintaining collaborative purchasing arrangements to minimize cost for Brown & Brown clients.

Frank brings over 10 years of pharmacy experience to Brown & Brown, most recently working as a PBM Network Pricing Consultant for one of the nations largest Pharmacy Benefit Managers. His experiences working in the PBM industry allow him to provide Brown & Brown clients unique insight as to how to manage and mitigate cost in the face of a complicated and costly pharmacy benefit delivery system.

Josh Rydberg, VP Underwriting Services at Brown & Brown

As Vice President of Underwriting Services, Josh’s primary role is to design and implement financial management strategies for clients across the country. He also develops, maintains and delivers financial tools and methodologies that assist in the effective management of employer-sponsored health plans.

Josh routinely provides internal and external education regarding unique opportunities for groups to improve health plan structure. By leveraging a distinctive presentation style, he illustrates the impact of pricing and consumer purchasing behavior on both employers and members. This simplification of complex theories creates actionable results that are often contrary to current trends.

A broad insurance background – which includes pricing for workers’ compensation, automobile, homeowners and various other property and casualty coverages in addition to group benefits – allows Josh an objective perspective when devising and communicating winning medical plan strategies. It also provides him the ability to engage with clients that are interested in evaluating enterprise risk and cost.

This program is approved for:

2 HRCI Credits

2 SHRM Credits