According to the 2025 Employer Health Care Strategy Survey by Business Group on Health, 27% of an employer's healthcare spending was due to pharmacy costs in 2023, up from 21% in 2021. And it's not slowing down anytime soon as this becomes one of the fastest-growing expense categories for businesses.

To understand why pharmacy costs continue to rise, we invited Richard Lo, Director of Clinical Services on OneDigital's Pharmacy Consulting team, to help our listeners navigate the intricate world of pharmacy benefits. From GLP-1s rise on the scene as a weight loss drug and the highly-debated rebate game to the impact tariffs may have on medications, host Jeff Cross and Richard tackle almost every topic employers are concerned about when it comes to their pharmacy plans. The two also dive into how drug pricing works and innovative strategies employers have started to implement to manage and optimize their pharmacy benefit spend.

If you're a business leader looking to optimize your pharmacy benefits and get a better handle on the pharmaceutical industry overall, this episode is packed with valuable insights and information to take back to your organization.

Music By: Colin Cross Music