For dioceses with over 1,000 employees, that have not "carved off" their PBM services, it should strongly consider why they haven't yet. There are many myths associated with carving off one's PBM services. They are just that, myths. You may want to read about those myths and how they are refuted in our blog. However, contracts with PBMs are purposefully complex. We can help you avoid the pitfalls many first-time dioceses can fall prey to.
If you are a diocese with a carved-off pharmaceutical plan, you realize that the PBM is making money in ways that are obscure at best. Though carving off your PBM is a vastly superior strategy, you realize that its complex nature probably means you are not maximizing your savings or that you are completely sure you are not paying for something that conflicts with Church teaching.
You need a trusted advisor that highlights areas for improvement, and offers sound advice, without cost-shifting to employees
We will provide you and your team with independent consulting. Often brokers or carriers have a financial incentive to make certain recommendations.
Further, most brokers that serve Catholic dioceses do so as only a small portion of their book of business. They may be experts in the local markets but not on the unique needs of the Church or how to develop comprehensive strategies that lead to a sustainable health plan to meet those needs.
The Matthias Group can provide short-term or long-term support to help a diocese develop and implement its goals. This can be done by either a fee-for-service or as a percentage of commissions already paid to your broker,
On-going consulting can provide you with third-party oversight of your health benefits, as well as the services provided by your brokers and commission-based advisers. This helps keep the "fox out of the hen house"
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