Taft Hartley
From cost containment to expert guidance, more Taft Hartley funds choose PHG to help manage their benefits and improve healthcare for their members.
A Partner You Can Trust
Partnering with PHG can empower Taft-Hartley funds to manage costs, customize benefit plans, enhance transparency, improve member engagement, and ensure regulatory compliance.
This collaboration allows Taft-Hartley funds to focus on delivering high-quality healthcare benefits to their members while benefiting from the expertise and support of an expert PBM.
Game Changing Benefits for Taft Hartley
Cost Management
We specialize in negotiating lower drug prices and managing medication costs effectively. This can significantly reduce prescription drug expenses for Taft-Hartley funds, ensuring the efficient use of members’ contributions.
Customized Benefit Plans
We collaborate with Taft-Hartley funds to design pharmacy benefit plans tailored to the unique needs and preferences of union members and their families. Customization allows for flexibility and optimal coverage.
Access to Extensive Networks
PHG offers access to expansive pharmacy networks, ensuring that members have convenient options for filling prescriptions, including both local and mail-order pharmacies.
Expert Guidance
We bring expertise in pharmacy benefit management, formulary development, and regulatory compliance. They help Taft-Hartley funds navigate complex benefit designs and regulatory changes effectively.
Transparency
Partnering with PHG provides transparency into drug pricing, rebate management, and contract terms. This transparency ensures that Taft-Hartley funds have a clear understanding of benefit costs.
Member Engagement
We provide member engagement tools and resources, encouraging members to make informed decisions about their medications, improve adherence, and adopt healthier lifestyles.
Data Analytics
We offer robust data analytics, enabling Taft-Hartley funds to track medication utilization, costs, and health outcomes. This data-driven approach supports informed decision-making and program optimization.
Regulatory Compliance
We assist Taft-Hartley funds in staying compliant with healthcare regulations related to pharmacy benefits, reducing the risk of non-compliance penalties.
Pharmaceutical Innovation
We stay abreast of pharmaceutical advancements, offering access to new therapies and technologies that can improve member care and outcomes.
Cost Predictability
Partnering with PHG can provide cost predictability, allowing Taft-Hartley funds to budget effectively and avoid unexpected financial challenges.
Quality of Care
PHG can help ensure that members have access to essential medications they need, leading to improved health outcomes and member satisfaction.
Why Choose PHG?
Industry Leaders
We’re not just industry experts, we are a top 5 formulary management/rebate administrative service provider.
Independent
PHG operates independent of competing health plans or PBMs, allowing us to pursue the best options for our clients every time.
$6 Billion Drug Spend Managed
PHG leverages high volume drug spend to deliver competitive market rates to clients
25 Million+ Covered Lives
We provide more coverage, including more than 300 plans covering commercial, medicare, medicaid, exchange LOBs.
Technology Driven
PHG is the industry’s technology leader in data analytics and competitive intelligence.
Company Growth
Since Jan 2023, we’ve added approximately 70 plan groups, doubled our workforce, and developed a cutting-edge technology platform for rebate optimization.