Performance Thinking

Expert information and solutions for your business.

Scott on the Front Lines: Prescription Drugs

Presrciption Bottle With Pills

Scott Benefit Services has long been invested in helping our clients – and their employees- navigate the increasingly costly and complex world of prescription drugs.  Namely, we have helped our clients cut their pharmacy spends by an average of 19-36% through our revolutionary pharmacy benefits solution, Scott Rx Advantage.

Through customized consulting, our team helps our clients experience the benefits of collective buying power, superior contracting, world-class trend management systems and independent analytics. However, even with these measures, employers and employees alike continue to experience significant pains from the rising costs of prescription drugs.  At Scott, we understand these frustrations and believe that the status quo is not sustainable for our clients and their employees.  Therefore, we continually seek opportunities to make a difference and provide leadership in this vital work. 

Earlier this summer, Scott was one of only four brokers invited to a meeting with the U.S. Secretary of Health and Human Services, Alex Azar, on the topic of prescription drugs.  At this meeting, Greg Stancil, Director of Healthcare reform, discussed the growing need for action to address the brokenness of this critical component of our healthcare system. 

Most recently, Greg was invited to serve as Chair of the Task Force to Lower Prescription Drug Costs organized by the National Association of Health Underwriters.  As the leader of this working group, Greg will collaborate with other industry leaders to provide significant insights, data and recommendations to legislators and other government officials to help guide the conversation surrounding prescription drug costs in our country.

Through these avenues and others throughout our footprint and in Washington, D.C., the Scott Benefit Services team continues to advocate on the front lines for the needs of our clients as well as their employees and families.  This advocacy in tandem with our unique approach to benefits consulting allows employers realize significant savings and ultimately leads to improved health and well-being of their individual plan members.

We will keep you updated on our efforts as well as continue to provide timely updates regarding any impactful changes or developments related to healthcare reform or employer-sponsored health plans.

Scott Performance Thinking Resources

At Scott, we strive to create and add value for businesses. We provide expert insights and technical knowledge to help solve problems, create change and improve performance in the areas of risk management and employee benefits.

As a reader of our blog, we hope this has been your experience and that the content our team provides on a regular basis helps inform and elevate your thinking surrounding these critical components of your company’s culture and overall performance.

We’d like to introduce you to some additional free Performance Thinking resources from Scott that can help you improve your business.  

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Greg Stancil Appointed to NAHU’s Legislative Council

Greg Stancil, Director of Healthcare Reform for Scott Benefit Services, was recently appointed to the Legislative Council of the National Association of Health Underwriters (NAHU). 

The NAHU Legislative Council works to advance and advocate for healthcare policy and regulatory solutions on a national level.  Members of the Council provide insights to top-level decision makers in the White House and on Capitol Hill.  Stancil’s appointment advances Scott Benefit Services’ work on behalf of our clients as well as provides access to timely insights into the future of healthcare in our country.

Stancil is regarded as an expert on the employer impacts of the Affordable Care Act (ACA) and regularly speaks at industry events and healthcare reform workshops across the country. Additionally, he is a regular contributor on the Scott Performance Thinking blog where he monitors healthcare reform activity and shares important updates and insights for employers. Stancil is a Registered Health Underwriter (RHU), Chartered Healthcare Consultant (ChHC) and received a Certificate of Studies in Healthcare Reform.  He also represents Scott Benefit Services on the NAHU Principals Council.

Related:

Join Scott Benefit Services for our upcoming webinar featuring Greg Stancil:

Looking Ahead: The Impact of the 2018 Midterm Elections on Employer-Sponsored Healthcare
Thursday, October 25, 2018
2:00 p.m. – 3:00 p.m. 

Webinar attendees will:

•  Understand what impact a potential shift in the House or Senate will have on employer-sponsored care
•  Learn about pending legislation that could impact your company and health plans
•  Look at what impact the recent changes to the Supreme Court will have on the future of the ACA and employer-sponsored care

Scott Insurance Announces Senior Leadership Change Keith Mann to serve as COO/CFO as Craig Ryder Retires

Scott Insurance has appointed Keith Mann of Lynchburg as the company’s new Chief Operating Officer/ Chief Financial Officer. Craig Ryder, who has served in that capacity since 1994, will retire at the end of the year. This transition concludes a multi-year planning process and an exhaustive search for the right executive leader to join the company.  

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