SmithRx

You've done the hard work designing a plan built around quality care and cost efficiency. Don't let that momentum stop at the pharmacy counter. SmithRx is partnering with Transcarent to put prescription cost intelligence directly in members' hands through Transcarent's WayFinding experience. Through the integration, members can access real-time cost estimates, compare pharmacy options, and find lower-cost alternatives, whether that's the same drug at a different pharmacy, a generic, a biosimilar, or a savings program. For employers, this partnership means the investment you made in your plan keeps paying off where it counts most. When members have the right information, they have the power to choose the best available option, and that can mean lower drug spend without compromising their care. Learn more: https://bit.ly/3SElF4T #SmithRx #Transcarent #ModernPBM

Your "all-in-one" health plan might be costing you more than you think. Read this month’s SmithRx Benefits Blueprint to learn more about fiduciary alignment, inverse incentives, and the bundled PBM arrangements that may be hiding costs inside your benefits package. 🎟️ Plus, get first access to our upcoming Full Disclosure episode covering the GLP-1 updates you need to understand to make responsible decisions for your members and your plan. Read it and subscribe to never miss a future edition ⬇️ #PharmacyBenefits #GLP1s #BenefitsLeaders #BenefitsBlueprint #SmithRx

Your clients may be paying more even when they're told they're getting a great deal. Read this month’s SmithRx Broker Brief to explore what fiduciary alignment actually looks like in a PBM contract, and how fragmented care is quietly driving up costs for members. 🎟️ Plus, get first access to register for our upcoming Full Disclosure episode to get ahead of the GLP-1 updates your clients need to understand to make responsible decisions for their members and their plans. Read the latest edition and subscribe to never miss a future edition ⬇️ #GLP1s #PBM #BenefitBrokers #BrokerBrief #SmithRx

⏱️ Last chance to register for tomorrow's Full Disclosure webinar: Why Benefits Navigability and Pharmacy Support are Crucial for Member Outcomes. 🎟️ Save your spot: https://bit.ly/4xmWrrB When healthcare and pharmacy benefits live in silos, members disengage and costs climb. A centralized engagement hub changes that, driving clinical adherence, reducing wasteful spend, and giving members a single entry point that actually works. Join special guest @)Jonathan Koval, PharmD, MBA, GM and VP of Pharmacy Care & Weight Health at @)Transcarent, and @)Alan Pannier, PharmD, MBA, Chief Strategy Officer at @)SmithRx, with host @)Alissa Johnson, PharmD, MBA, BCPS, for a conversation on what benefits navigability really means for member outcomes. Register now to learn more about: • How a unified experience increases member engagement and improves outcomes • Why native integrations drive clinical adherence and reduce wasteful employer spend • How a more interconnected, real-time future will empower support staff and meaningfully enhance the member experience See you there! #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx

💊 Pharmacy benefits strategy rarely makes the agenda at the executive level. The assumption: it's complex, it's handled by HR, and there are bigger competing priorities. With costs accelerating, that assumption is becoming one of the most expensive ones an organization can make. A few numbers worth knowing: 1️⃣ The average employer-sponsored health plan is expected to increase 6.7% in 2026, pushing the bill above $18,500 per employee. For a company of 55,000 people, that's well over a billion dollars a year. (Mercer, 2025 National Survey of Employer-Sponsored Health Plans) 2️⃣ Prescription drug costs are driving a significant share of that increase — and they're the fastest-rising category in employer health plans, projected to climb 11% in 2026. (Segal, 2026 Health Plan Cost Trend Survey) Meaningful relief isn't coming quickly from Washington. For C-suite leaders, that means the most productive action you can take this quarter is getting a clear picture of what your organization is actually paying for and whether your pharmacy partner is structured to work in your favor. If it's not, that's the most important benefits decision you can make this year. Alan Pannier, Pharm D,MBA, Chief Strategy Officer at SmithRx, breaks down a practical starting point to examine and understand where your plan stands in his new Forbes feature: The Executive Blind Spot: Pharmacy Strategy Should Be On The C-Suite Agenda 🔗 https://bit.ly/4v1vyqX #PharmacyBenefits #PharmacySpend #HR #BenefitsLeader

🎙️ Don't miss next week's Full Disclosure episode, featuring special guest Transcarent: Why Benefits Navigability and Pharmacy Support are Crucial for Member Outcomes 🎟️ Register now: https://bit.ly/4xmWrrB Fragmented care leads to fragmented results. When members can't easily access the support they need, engagement drops and costs climb, for them and for your plan. Next Tuesday, June 30 at 9:30 AM PT / 12:30 PM ET, join Alissa Johnson, PharmD, MBA, BCPS, Jonathan Koval, PharmD MBA, GM and VP of Pharmacy Care & Weight Health at Transcarent, and Alan Pannier, Pharm D,MBA, Chief Strategy Officer at SmithRx, for a conversation on what a centralized engagement hub actually does for member outcomes and total cost of care. See you there! #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx

Thinking about transitioning to a Modern PBM? Swipe through to explore five takeaways from our fireside chat at the Business Group on Health 2026 Annual Conference in New Orleans, where a leading employer discussed their experience making the switch with SmithRx CEO and Founder Jake Frenz. 👇 1️⃣ Get specific on your goals 2️⃣ Use the RFP to secure your rights 3️⃣ A smooth implementation means crickets on January 1 4️⃣ Get ahead of GLP-1s now 5️⃣ Measure what matters: Per member per month (PMPM) cost 💡 New to PMPM? Learn more about what it means and why it matters: https://bit.ly/43lkcCo #BusinessGroupAnnualConference #ModernPBM #PharmacyBenefits #SmithRx

CFOs are often surprised to learn how much pharmacy spend is quietly draining their budget. Jordan Dhillon, VP of Sales at SmithRx, is joining the The Millennium Alliance Transformational CFO Assembly in Fort Lauderdale next week to walk through where the money goes, why legacy models create fiduciary risk, and what a modern approach actually looks like. 🎤 Modern PBMs: Reducing Pharmacy Benefit Cost & Creating Fiduciary Alignment 👤 Jordan Dhillon, VP, Sales, SmithRx 🗓️ June 25, 2026 | 8:50 - 9:50 AM 📍 Fort Lauderdale, FL If you're attending, come meet Jordan and the SmithRx team! #MillenniumAlliance #CFO #PharmacySpend

💊 Same drug, same day. One pharmacy got reimbursed $8,000. The other got $50. That's a result of the predatory reimbursement structures legacy PBMs use to favor their own pharmacy networks, and it's a major driver of independent pharmacy closures across the country. Two audits put the scale of this in context: 1️⃣ The State of Tennessee's audit of Caremark (CVS) exposed same-day reimbursement disparities for identical products, with CVS's corporate pharmacy line receiving over 100x more reimbursement than independent competitors for the same drugs. 2️⃣ The 2024 FTC Interim Report on PBM Markups found that PBMs affiliated with subsidiary pharmacies showed preferential reimbursement rates thousands of percent higher than competitor pharmacies. In our latest Full Disclosure episode, guest Benjamin Jolley, PharmD, independent pharmacy owner and Senior Fellow at the American Economic Liberties Project, and SmithRx host Alissa Johnson, PharmD, MBA, BCPS, get into what reimbursement gaps like this mean for independent pharmacies, and why the closures that follow cost your plan far more in the long run. 📺 Watch on-demand and read the full recap: https://bit.ly/4xB3YmP #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx #BreakUpBigMedicine

🤔 Open formulary. Closed formulary. What's the difference, and how do you choose? It depends on your workforce, your budget, and how much control you want over your spend. Your PBM is your guide through that decision, helping you connect benefits and budget in a way that works best for your unique organization. Our PBM 101 blog breaks down the pros and cons of each, includes a drug formulary evaluation checklist, and covers how to communicate your coverage choice to members. Learn more:  🔗 https://bit.ly/4xyznWW #PBM #BenefitsLeaders #HR