How are Drug Formularies Developed?

Now that we have covered the basics of a drug formulary, let’s dive a little deeper into some details. Have you ever experienced a situation where a new employee is begrudgingly forced to change one of their medications after switching over to your health plan? Or where a doctor that is covered within your network…

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Drug Formularies – What is a Drug Formulary

Have you ever encountered a disgruntled employee complaining that one of their regular medications is “not covered”, but you’re not sure how to help? In this article, PSyn Inc seeks to simplify drug formularies and provide you with knowledge that will help you to improve communication with your employees regarding their prescription drug plan. Imagine…

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Understanding Your Employees Biggest Health Insurance Complaints: Employee Benefit Plans

As we all know, the best way to improve your company’s productivity is to cultivate an environment of competent, healthy, happy employees. While this concept might seem simple, many companies experience challenges surrounding the satisfaction of their employees. Sound familiar? To resolve these conflicts, many employers focus solely on providing in-office incentives and building collaboration…

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