Majority of HMOs still develop their own formularies internally

Though HMOs that used PBM-developed formularies increased from 10% of all HMO formularies in 2008 to 11.3% in 2009, 76.6% still develop their formularies internally. Health plans often outsource their formulary administration as a means for better benefit management.

Source: Sanofi Aventis, “Managed Care Digest Series, HMO-PPO Digest,” 2010–2011

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

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