Podcasts & Blogs

In a world filled with advancing technology, risk managers need to understand trends to better predict and address future challenges. Most technology predictions that appear in magazine articles or marketing materials are exaggerated visions of more and faster. Part 1 covers risk modeling and communication

Risk managers and human resource professionals have an opportunity to collaborate in ways that will benefit their organizations as well as provide a more seamless employee experience. The connection of workers’ compensation and the Americans with Disabilities Act (ADA) provides an insightful illustration of why this broader collaboration is so important.

When you institute your own pharmacy or join an established pharmacy organization, it is “closed.”  This means that only employees and dependents insured on the member health plan can use the pharmacy. Often, many groups join together to form the membership to help offset the overhead and administrative costs.

If you are like most risk management professionals, the thought of opening your own pharmacy brings up a slew of questions and concerns. What are the laws, rules and regulations surrounding running a pharmacy? What kind of insurance products would be needed, and what level of self-insurance could we afford? Do I have the staff/time to research, license, build, stock, hire, etc. everything necessary to run a pharmacy? Will the pharmacy save enough money to make it a worthwhile endeavor for my entity?