Our success and industry reputation in the Taft- Hartley market is based on our ability to deliver the proper balance of cost savings and member satisfaction. The Solid Benefit Guidance (SBG) value proposition is predicated on providing funds with an unparalleled pharmacy evaluation. We develop proactive strategies driven by actionable information and insight, clinical guidance and a best in class service experience. SBG works tirelessly and strategically to help our Taft-Hartley Funds remain competitive.
SBG has been working with Taft-Hartley Funds since its inception and has grown to managing over 350,000 union members including Teamsters, United Food & Commercial Workers, Painting and Allied Business Trades, Communication Workers of America, Building Trades, Municipal unions and many others.
Both co-founders of SBG had parents who were union members, deepening the company’s understanding and appreciation of:
- The important role a union provides in protecting and providing for the health and welfare of its families and dependents
- The fiduciary role that a union trustee is responsible for
- The solid guidance necessary for trustees that will protect the longevity of the benefit fund
Our Unique Approach to RFP Management/Contract Negotiation
By having an insiders’ edge, our RFP process removes any gamesmanship and therefore guarantees the best possible deal with fair, flexible and auditable contractual terms.
By Partnering with the Fund, We Utilize a Business Plan-PBM Strategy and Offer a Host of Value-Added Services
Through regular contact with our team, driven from a PBM strategy document we develop together, our approach ensures you are staying on top of trends. Together we will implement designs and clinical programs that drive real value to your Pharmacy program and members.
Our Thought Leaders in Clinical Program Consulting and Oversight Guarantee Savings to Your Fund
Our Pharmacist/Clinical experts will partner with your fund to put in place the right programs and plan designs. This process assists members in getting the right drug, at the right time, for the right price. Our experts will proactively monitor your data and bring creative ideas to help you stay ahead of the curve when it comes to managing the pharmacy benefit, including the explosive and emerging specialty drug arena.
High Quality Vendor Management, Audit and Oversight
We conduct quarterly reviews of the performance of your plan and provide detailed reports to the fund to show how the PBM is meeting its contractual commitments. At SBG we help manage the vendor relationship to ensure that your needs and issues are being met and that the vendor is working towards exceeding your expectations.
Top Notch Financial, Clinical and Service Benchmarking
We have the power and the proven experience to guarantee that you are getting a fair deal when doing a market check or renewing an existing contract. With our extensive database of PBM financial, clinical and service contracts we know what a competitive PBM contract entails and how to secure it for your fund.
Plan Design Modeling & Recommendations that Achieve the Lowest Net Cost
We will help your fund achieve the lowest net cost through clinical support and an in-depth analysis of many complex variables such as:
- Formulary management
- Step therapy and other clinical programs
- Optimizing member cost share and generic utilization
- Selection of the appropriate retail network
- Specialty drug management and much more
We Will Manage, Monitor and Negotiate your Specialty Pharmacy Benefit
With specialty pharmacy projected to become 50% of total pharmacy costs over the next 5 years, it is imperative that plan sponsors have a consultant partner that has a laser focus on these medications and proactively brings solutions to you. Our unparalleled experience and insiders’ edge will provide your fund the added protection they need when it comes to managing the complex world of Specialty Pharmacy.
Our Compliance Department Helps Keep your Pharmacy Plan in Check
Under the new landscape of Healthcare Reform, SBG recognizes the importance of maintaining a compliant program. We engage a world class Compliance Service that provides bulletins, timely updates and guidance to our clients to ensure their programs are compliant with the latest HCR requirements.
Our Medicare Part D/Employer Group Waiver Program (EGWP) Expertise is Unrivaled in the Industry
With the increasing cost burden of providing retiree coverage, coupled with the constant movement of regulations under Healthcare Reform, relying on experts for guidance in the decision making process is a must. Let Solid Benefit Guidance help your fund make the right decision for your retirees.
We can Provide a Turn-Key PBM Coalition Option
When evaluating your options, partnering with SBG as your independent consulting firm is the best way to obtain a truly objective view.
Coalitions and collective purchasing arrangements have become a very popular option for plan sponsors. We can provide a best in class PBM Coalition option through a strategic partnership we enjoy.
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