MISSISSAUGA, Ontario, Canada September 12, 2013 – Express Scripts Canada, one of the largest providers of health benefits management services in Canada, today announced that Michael Biskey, President of Express Scripts Canada, will present to the Economic Club of Canada on Thursday, September 19 at the Hilton Toronto.
In his presentation entitled Drug Benefit Coverage for Canadians: Sustainability Risks and Strategies, Mr. Biskey will explore factors that threaten the sustainability of employer drug benefits – namely increasing drug spend due to the growing use of specialty drugs and waste contained within the prescription drug benefit. The session will include a discussion of innovative solutions that can help employers save money and better manage costs by driving better decisions that will reduce waste.
“Given concerns about rapidly rising costs to maintain health‐benefits programs, we need to improve the way Canadians make decisions within their drug benefit,” said Mr. Biskey. “It is incumbent upon health‐benefits providers, plan sponsors and plan members to collaborate more closely to create greater efficiencies in the health‐benefits plans overall, which in turn, will help control the rising costs of prescription medications and make plans more sustainable over time.
“Comprehensive drug coverage is very important to Canadians, and we need to take action now to protect this coverage.”
More information about Mr. Biskey’s presentation, including ticket information, can be obtained from the Economic Club of Canada Website at www.economicclub.ca/events.
Express Scripts Canada, a registered business name of both ESI Canada and Express Scripts Canada Services, each an Ontario partnership, is indirectly owned by Express Scripts Holding Company, a U.S. public entity (formerly Express Scripts, Inc.), and is one of Canada’s leading providers of health benefits management services. From its corporate headquarters in Mississauga, Ontario, just outside Toronto, Express Scripts Canada provides a full range of integrated pharmacy benefit management (PBM) services to insurers, third‐party administrators, plan sponsors and the public sector, including health‐claims adjudication and processing services, Home Delivery Pharmacy Services, benefit‐design consultation, drugutilization review, formulary management, and medical and drug‐data analysis services, to better facilitate better health decisions and lower costs. For more information about Express Scripts Canada, visit www.express‐scripts.ca.
Express Scripts (NASDAQ: ESRX) manages more than a billion prescriptions each year for tens of millions of patients. On behalf of our clients – employers, health plans, unions and government health programs – we make the use of prescription drugs safer and more affordable. Express Scripts uniquely combines three capabilities – behavioral sciences, clinical specialization and actionable data – to create Health Decision ScienceSM, our innovative approach to help individuals make the best drug choices, pharmacy choices and health choices. Better decisions mean healthier outcomes.
Headquartered in St. Louis, Express Scripts provides integrated pharmacy benefit management services, including network‐pharmacy claims processing, home delivery, specialty benefit management, benefit‐design consultation, drug‐utilization review, formulary management, and medical and drug data analysis services. The company also distributes a full range of biopharmaceutical products and provides extensive cost‐management and patient‐care services. For more information, visit Lab.Express‐Scripts.com or follow @ExpressScripts on Twitter.
SOURCE: Express Scripts Canada
Paul Stulberg, Director of Marketing & Communications
(905) 712‐6301 pstulberg@express‐scripts.com