In this episode of The Benefit Whisperer, Ralph Weber and pharmacist Benjamin Jolley delve into the complexities of prescription drug costs, focusing on how employers can navigate pharmacy benefits management (PBM) to save money. They discuss the significant savings achieved by New Jersey, the impact of drug pricing strategies, and the legal implications for employers regarding PBM contracts. The conversation emphasizes the importance of employers being proactive in managing their pharmacy benefits to avoid costly pitfalls and ensure fair pricing for medications.
Chapters
00:00 Introduction to Prescription Drug Costs
03:25 Conclusion and Future Considerations
Julie Selesnick on the Lawsuit that Should Terrify Every Employer and Why You Could Be Next (Ep. 10)
In this must-watch episode of The Benefit Whisperer, Ralph Weber sits down with ERISA attorney Julie Selesnick to unpack one of the biggest legal stories in employee benefits: the JP Morgan healthcare lawsuit—and why it should matter to every employer and plan sponsor.
Julie brings 25+ years of legal experience and explains: ✅ What the JP Morgan case is really about ✅ Why PBMs (Pharmacy Benefit Managers) are under bipartisan fire ✅ How employers unknowingly violate fiduciary duties ✅ Why your broker might be working against your best interests ✅ What you must do now to protect your business and employees
This episode is essential for:
CFOs, HR Leaders, and Benefit Managers
Business owners with self-funded health plans
Anyone responsible for healthcare plan compliance
🎯 Learn how to safeguard your company from costly lawsuits and build a benefits plan that actually works.
🔔 Subscribe now for insider insights, unfiltered truths, and actionable strategies to reduce healthcare costs and improve employee benefits.