Employee Benefits Updates provided by Parker, Smith & Feek

Clear Message, Engaged Employees

Effective communication is critical for a positive and productive work environment, yet only 7% of U.S. workers feel they receive accurate, timely, and transparent information.

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Considerations for Evaluating a PBM

Pharmacy benefit managers (PBMs) negotiate bulk discounts with drug manufacturers and wholesalers, potentially reducing prescription drug spending for employers and keeping premiums lower for employees. Here’s what to consider when evaluating PBMs.

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Parker, Smith & Feek is and independent, employee owned, full service insurance broker offering employee benefits, commercial and personal insurance, and surety solutions. Our Employee Benefits Department has been helping clients create and administer valuable benefits programs since 1975.

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