PSG - Pharmaceutical Strategies Group

Unions

Throughout our history, PSG has been working on behalf of labor unions to help them protect their interests and achieve best-in-class services in the pharmacy benefit marketplace. PSG currently partners with a variety of labor organizations and union Trusts across the country.

Challenges

We understand the challenges facing today’s labor unions, including:

• Cost pressures.
• Overall decline in the business environment (especially among trades).
• Need to balance member impact with cost control.
• Desire to provide benefit programs that will help to attract and retain membership.
• Need to control benefit costs while offering plans that meet the increasing needs of members.
• Desire to remain autonomous and retain control over plan design structures.

Solutions

In order to meet these challenges, PSG has consultants that specialize in working with Trust funds.  Our solutions are designed to enable Trust funds to achieve optimal procurement strategies and optimal utilization management strategies. Our services to Trust funds focus specifically on:

• Gaining immediate cost control and lowering the rate of future cost increases.
• Fostering business practices that promote transparency, stable costs, and PBM accountability.
• Balancing cost concerns with a focus on the safety, health, and well-being of Union’s member populations.
• Designing pharmacy benefit programs that incentivize members.
• Designing custom plan designs that address diverse needs, based on the custom utilization data of each Union Trust.
• Putting Trust administrators at the helm over the pharmacy plan, rather than the PBM.
• Holding PBMs responsible for contractual agreements and promises made.
• Acting as a liaison with PBMs, to collaboratively resolve issues through teamwork and mutual commitment.

Click here to see representative case studies illustrating how PSG has effectively achieved best-value services on behalf of our Union clients.