Ecommerce Shopping Cart - Search Engine Marketing Software
Develop Your Domain Names
Pharmacy Benefit Consultants Distributes Free Internet Video To Help Corporate & Union & Govt Health Plans Dramatically Decrease Their Rx Coverage Cos
Morristown, New Jersey (PRWEB) February 5, 2008 -- Pharmacy Benefit Consultants, a nationwide consulting firm, today urged all corporate and union and government health plans to radically change their method of conducting PBM RFPs. "RFPs are the single best method to dramatically decrease prescription coverage costs. But health plans must change the way they conduct RFPs - and use the RFP's leverage to extract binding contract terms - if RFPs are to decrease plans' costs," said Linda Cahn, president of the nationwide consulting firm.
To assist health plans in changing their RFP strategy, Pharmacy Benefit Consultants is distributing a free two-part video, captioned: "How to Conduct A Successful PBM RFP". The video describes the seven flaws plaguing virtually all PBM RFPs. It also explains how every health plan should alter the structure of its RFP to guarantee decreased prescription costs. Part I of the video can be viewed by clicking on the attached YouTube site or going to: http://www.youtube.com/watch?v=H-4LJeyjR6E. Part II of the video can be viewed by going to: http://www.youtube.com/watch?v=LpW3u5Tn4PE
"Consulting firms are consistently failing their health plan clients," explains Linda Cahn. "Rather than forcing PBMs to accept binding contract terms during the RFP that will ensure lower costs, consulting firms are relying on PBMs' promises and projections to select a PBM Finalist and entirely ignoring the PBM contract, which is the only determinant of clients' costs."
Illustrating consulting firms' failure to negotiate contracts during RFPs, Cahn points to a recent Web Seminar poll, which showed that more than 80% of all attendees who had previously conducted PBM RFPs had never discussed any contract terms during their RFPs.
"Not surprisingly," said Cahn, "when RFPs are over, the promises made by PBMs almost never materialize into the contract that is executed. Alternatively, many health plans conclude their RFPs, begin receiving benefits from a new PBM, but never execute any contract at all because the plans can't get their PBMs to provide the terms that were promised during RFPs."
"Either way, RFPs turn out to be an utter waste of time and resources, and plans are left with ever-increasing prescription coverage costs," said Cahn.
"Thus, it's time for health plans to insist that their consulting firms use the RFP to achieve the three tasks that matter most before selecting a PBM Finalist: drafting, and negotiating and finalizing an executed PBM contract with entirely different contract terms. Only then will health plans obtain dramatically lower costs."
Pharmacy Benefit Consultants' video details how every health plan should restructure its RFP to extract a far better PBM contract, and identifies certain contract terms that must be included in every PBM contract that is negotiated.
For more information on how to conduct better PBM RFPs and write airtight PBM contracts, visit Pharmacy Benefit Consultants' website at: www.PharmacyBenefitConsultants.com or contact Pharmacy Benefit Consultants' President, Linda Cahn, at: 973 975-0900.
###
Shopping Cart Uses Top Google Keywords to Maximize Revenue
Ecommerce shopping cart hosting uses search engine marketing software to sell products online. Use top paying Google keywords and PPC campaigns to maximize revenue and boost your income stream. Get a merchant account for credit card processing and make money on the internet with merchandise sales.
MORE ARTICLES:
Advertising Your Work From Home Internet Business With PPC Search Engines
If you want to make money online with a work from home business then you are going to need lots of good targeted traffic to your web site and or affiliate links. One way to get good targeted traffic is to pay for it.
4 Reasons Why You Must Try PPC Search Engine Internet Marketing
PPC (or Pay Per Click for those not in the know) search engine internet marketing is a form of internet advertising model that uses the power of the search engine, the flexibility and connectivity of advertising networks and a whole host of content based people pulling websites to generate audience volume
Shopping Cart Software - Boost Your Online Sales
More and more people are going to the internet in order to find a means of making a living. There have been so many advances in the ways of the internet that have made making money easier for many people. This concept is actually relatively simple; on the internet there is an increased ability to reach many more customers than in person.
Shopping Cart Software - Making Internet Shopping Easier
People are increasingly turning to the Internet when they want to earn extra income or even begin earning a primary income from home. So many different jobs and sources of revenue on the Internet have evolved over the years that making money on the Internet has become quite easy. If you think about it, it's obvious why. The Internet can reach more customers than a physical store location can.
Website Marketing Firm Brick Marketing Launches Local Search Engine Marketing Product at Brick Marketing Local
Brick Marketing, a respected full-service website marketing firm known for its success in increasing the sales of clients through online marketing, has launched a new local search engine marketing product. The new local online marketing package gives brick and mortar businesses the opportunity to achieve higher exposure in a wide range of local search engines.
Merchant Account Insider Secrets - Accept Credit Cards Online
The process of learning how to accept payments on the Internet is similar to the course of figuring out how to launch a business. What at first seems puzzling and intimidating may be viewed as straightforward and easy to understand if one has the right guide or manual.
Top eCommerce Software Blogger Linda Bustos Wins Search Engine Marketing Scholarship
Elastic Path Software Blog "Get Elastic" educates webmasters on analytics, search marketing and eCommerce best practices.
PPC Marketing, PPC Advertising, Pay Per Click, Internet Marketing
PPC Means ProsPerous Campaigns!
Internet Marketing - How to Make your Online Advertising Business Produce Money on Internet Marketing
The success or failure of your Internet marketing business depends largely on the Internet users. If they are interested on the products and services that you are offering for sale, definitely you can expect hundreds to thousands of dollars in revenues from your online business. On the other hand, if they are just too lazy to hear what you want to say and what you are offering, better shut down your personal computer unit and find some other ways of earning money.
eCommerce Solution - Shopping Cart Software
Build Your Own Ecommerce Website Ecommerce has been the rage for the online community. Now over half of the world prefers to do shopping on Internet through various ecommerce stores. Every businessperson wants to build own an ecommerce website in order to get their business an impressive online presence and an ultimate global exposure. If you are also running a business and are looking for a perfect way out to reach the millions of customers from all over the world, there is no other way to do this than building an ecommerce website. However, if you are planning to build your own ecommerce website, you should not that it is not an easy task to do. You need to look into several factors. Let us go exploring. Professional Design W...
Accept Credit Cards Online Without a Merchant Account
There are two major ways to accept credit cards on your website. The first and most expensive is to have your own merchant account.
Xonca Ecommerce Shopping Cart Software Released
Ecommerce software company Arquan releases search engine friendly Xonca shopping cart software for web designers and SEO professionals.
Search Engine Marketing Offline Sales Tracked With Online Advertising Analytics
ClearSaleing's new enhanced CRM integration program is an online advertising solution for search engine marketers.
Online Credit Card Processing - How to Accept Credit Cards - Ecommerce 101
Back in 1998 (through 2000 or so), I worked for a small company (called PaymentNet / then Signio) that handled online transactions. Verisign later purchased this company, and the product team I led integrated the "client" - the portion that took the credit card information and sent it to our servers for processing.
Search Engine Marketing Firm Netconcepts® Upgrades Powerful Ecommerce Web Solution for Online Retailers
Enhanced search friendly online retail management platform provides "baked in" optimization features.
