Explore BrainMass
Share

Pharmacy Benefits: a basic problem in healthcare

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Explain how pharmacy benefits have become the problem child of healthcare coverage.

© BrainMass Inc. brainmass.com October 25, 2018, 5:47 am ad1c9bdddf
https://brainmass.com/health-sciences/health-care-management/434910

Solution Preview

Health care plans have divided coverage in sections that allow an employer to negotiate and acquire the coverage that is essential for his/her employees. A section that is directly affected by the economic status of the organization looking for health care coverage is the drug benefit coverage. High cost of medications and increase usage has raised the cost of drug coverage. According to the Pharmacy Benefit Management Institute (2011) employees with tight budgets are reducing to a minimum drug benefit coverage, increasing specialty drugs co-pays, and using a four-tier plan design. This decisione brings discomfort to the employee and other people covered under the health plan, as they can't understand or are confused ...

Solution Summary

The solution includes a discussion on the main reason why pharmacy benefits are a basic problem in healthcare, the practical approached that have been established, and the need for reaching more coherent practices.

$2.19
See Also This Related BrainMass Solution

Current Ethical Issue in Business

Based on the attached document I need help with the below part:

Current Ethical Issue in Business

Research an article on an issue that deals with business ethics from a newspaper, magazine, journal, TV, or the Internet. Briefly summarize the issue in a 1050 to 1400-word paper in which you identify the ground rules manifested in the situation as well as which ethics theories apply. I have already selected an article Healthcare and it's attached.

Propose a plan for revising the ethical standards and the communication of these standards in order to resolve the issue.

In order for me to complete my whole assignment I need your help in this part.

Looking for your professional response.

View Full Posting Details