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Evergreen Re Starts Drug Plan Evaluation Service

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NU Online News Service, Nov. 24, 2003, 1:14 p.m. EST – Evergreen Re Inc., Stuart, Fla., has started a service that will audit and analyze pharmacy benefit managers for employers.[@@]

Evergreen Re, a health reinsurance firm and medical risk brokerage firm, says it will help employers evaluate the success of their PBMs at controlling prescription costs while maintaining plan quality.

Employers with self-funded prescription plans can use the information to compare their prescription plans with those of other employers and negotiate with the PBMs at contract renewal time, Evergreen Re says.