Overview of Prescription Drugs
Explore the complexities of prescription drug benefits with the Overview of Prescription Drugs eLearning course from the International Foundation of Employee Benefit Plans. This self-paced course delves into key aspects of prescription drug coverage, including employer-sponsored plans, pharmacy benefit managers, Medicare Part D, and more. Understand the distinctions between brand-name, generic, specialty drugs, and cutting-edge treatments like gene therapy and biosimilars. Learn about plan structures, participant costs, and formulary management, while gaining insights into misuse prevention and claims processing. Designed for HR and benefits professionals, this course ensures you’re equipped to navigate the evolving landscape of prescription drug plans.
Topics Covered
- The Impact of Prescription Drugs in the United States
- Spending Trends
- Sources of Prescription Drug Coverage
- Types of Drugs
- Prescription Drug Plan Structure
- Using Prescription Drug Coverage
Course Outline
Introduction
- The Impact of Prescription Drugs in the United States
- Spending Trends
Estimated Time to Complete: 5 minutes
Sources of Prescription Drug Coverage
- Employer-Sponsored Prescription Drug Coverage
- Pharmacy Benefit Managers (PBMs)
- Government Programs
- Medicare Part D
- ACA Marketplace Coverage
- Private Insurance
Estimated Time to Complete: 20 minutes
Types of Drugs
- Drug Manufacturers
- Patents and Marketing Exclusivity
- Brand-Name and Generic Drugs
- Specialty Drugs
- Biologic Drugs
- Biosimilar Drugs
- Gene Therapy
- Pharmacogenomics
Estimated Time to Complete: 20 minutes
Prescription Drug Plan Structure
- Participant Costs within Prescription Drug Plans
- Drug Tiers
- Formulary
- Open and Closed Formularies
- Examining a Formulary
Estimated Time to Complete: 30 minutes
Using Prescription Drug Coverage
- Retail Pharmacies
- Mail-Order Pharmacies
- Specialty Pharmacies
- Claims
- Drug Utilization Review (DUR)
- Prescription Drug Misuse
- Medical Fraud
- Resources for Participants
Estimated Time to Complete: 20 minutes
NOTE: The estimated time to complete each lesson is based on word count and assumes uninterrupted consumption of the course. Actual time to complete each lesson can vary widely based on familiarity with the topics and other factors. Time required to complete the course final exam is not counted in these estimates.
Course Applies To
Questions?
Contact us at (888) 334-3327, option 3 or [email protected].
Why Choose E-Learning?
Self-Paced
Navigate the course at a pace that fits your learning style.
Convenient
Learn on your schedule—without the inconvenience of time away from the office.
Expert-Created Content
Take a deep-dive into a topic with content developed by industry leaders.
Cost-Effective
Save when you choose affordably-priced training with no additional travel costs.