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Moneyball Benefits Podcast: Playing Defense Against Rising Pharma Costs

If you're like most employers, you're constantly making decisions about the best way to allocate scarce resources.

OneDigital is here to help this decision-making process with the Moneyball Benefits podcast, where Director of Compliance and Innovation Scott Wham takes inspiration from the "Moneyball" philosophy that revolutionized professional sports in the 2000s and applies it to the world of employer-sponsored benefit offerings.

In episode two, Scott is joined by Richard Lo, who serves as the head of OneDigital's pharmacy team and an in-house expert on cost control mechanisms for employer-sponsored pharma plans. Together, Scott and Richard discuss common sources of pharma plan waste, the misaligned incentives that are pushing prescriptions drug prices to ever greater heights, and strategies that informed employers can use to contain their pharmacy costs.

Want to start this series from the beginning? Listen to episode one of the Moneyball Benefits Podcast here.

If you liked this podcast, check out our blog post on Pharmacy Benefit Managers: PBMs Explained - What Are They and How Do They Relate to Soaring Pharma Costs?