December PSyn News 2021

CALENDAR OF EVENTS

OCTOBER 15 -DECEMBER 7
MEDICARE ANNUAL ENROLLMENT PERIOD
NOVEMBER 1 – DECEMBER 15
ACA MARKETPLACE ENROLLMENT PERIOD
STARS RISE BOOT CAMP
DECEMBER 14 & 15
DECEMBER 25
CHRISTMAS DAY
DECEMBER 31
NEW YEARS EVE

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THE PSYN ADVANTAGE

LEVERAGING OVER 30 YEARS OF HEALTH INSURANCE EXPERTISE

With over 30 years of contract negotiation, medication compliance
and clinical experience, we have the knowledge and expertise
necessary to accelerate your team’s healthcare goals.

Pharmacy Matters

COVID VACCINE NEWS

INTRANASAL VACCINES

Currently, all FDA approved COVID vaccines are administered intramuscularly, and are highly effective in reducing symptom severity. The vaccines induce circulating antibodies in the bloodstream but not mucosal antibodies in the lining of the nose which is a primary reason why vaccinated individuals can still pass the virus to others. But what if the vaccine could be administered by a nasal spray? Perhaps this would provide an antibody response in the nose and reduce the transmission rate. That is the goal of ongoing studies by scientists around the world. Click here to Read more.

CONTRACT TERM TIP OF THE MONTH

IS YOUR TRADITIONAL PRICING PBM CONTRACT SERVING YOU WELL?

Although the majority of PBM contracts today follow a Traditional or “Spread Price”
model, do you sometimes wonder if this is the best option for your business? These
models are designed to create PBM revenue based on the volume and cost of
prescriptions and drug rebates. As overall prescription drug prices increase at nearly
6% annually, PBM revenue increases in direct proportion. It may be time to consider a
transparent model contract. To learn more, contact us at [email protected].