Stay in the Know for 2023

Legislative and Regulatory Requirements and New Pharmacy Benefits Management Trends

A Brown & Brown Event

EARN 2 SHRM & HRCI CREDITS

Key Legislative and Regulatory Requirements Facing Plan Sponsors in 2023

Employer-sponsored health and welfare plans are subject to numerous laws and regulations. In this seminar, we will highlight a number of key legislative and regulatory issues facing plan sponsors in 2023 and discuss some of the areas with which plan sponsors struggle year after year. Topics we will be covering include:

  • Impact of the End of the National Emergency and Public Health Emergency
  • 2023 Transparency Requirements
  • HSA Eligibility and Telemedicine
  • Mental Health Parity NQTL Comparative Analyses
  • Employer Mandate Penalties

2023 Trends in Pharmacy Benefits Management (PBM)

The Rx industry is an ever-changing and dynamic member benefit within the healthcare industry. Prescription costs continue to rise, and employers are constantly looking to find solutions to mitigate the increases while navigating the accompanying disruption. Topics we will be covering include:

  • Overview of Commonly Used Rx Acronyms and Definitions
  • Difference in Pricing Methodologies
  • Manufacturer Assistance Programs
  • Patient Assistance Programs
  • Biosimilars

When

Wednesday, April 19th, 2023

2:00 PM – 6:00 PM

Where

Surly Brewing Co.

520 Malcolm Ave SE, Minneapolis, MN 55414

Scott Wold | Vice President, Regulatory and Legislative Strategy

With over 17 years of employee benefits experience, Scott Wold serves as the Vice President - Regulatory and Legislative Strategy in the Employee Benefits division of Brown & Brown. Scott is responsible for researching and analyzing appropriate industry responses and best practices to address key legislative and regulatory efforts. Scott supports the Brown & Brown team members and customers regarding matters pertaining to customer compliance with employee benefit laws such as the Affordable Care Act, ERISA, HIPAA and COBRA.

Prior to joining Brown & Brown, Scott worked as a lawyer in private practice. He was most recently a shareholder of the law firm of Hitesman & Wold, P.A., where he practiced exclusively in the employee benefits area since 2004. He joined Brown & Brown in October of 2020.

Scott received his undergraduate degree, cum laude, from Bethel College and his law degree, cum laude and Order of the Coif, from Southern Methodist University School of Law. He is a member of the Hennepin County Bar and Minnesota State Bar Associations. Scott is active in his community and has served in various capacities for several non-profit organizations.

Amanda Olimb | Assistant Vice President, Legislative and Regulatory Strategy Group

Amanda Olimb serves as the Assistant Vice President of Legislative and Regulatory Strategy. In her current role, Amanda is responsible for answering employee benefits questions, writing compliance content and delivering training both via the web and on-site. She has specialized in Employee Benefits since 2015 and passed the Minnesota Bar in July of 2016. She joined Brown & Brown in July of 2021. 

Frank Bacon | Senior Vice President, Pharmacy Consulting Practice

Frank serves as the Senior Vice President of Brown & Brown’s Pharmacy Consulting. He provides advisory services to Brown & Brown customers and consultants, supporting efforts to manage the effective delivery of prescription benefits to employees while maximizing cost efficiencies. Frank joined Brown & Brown in 2016.

Frank’s responsibilities include advising customers in the pharmacy benefit design and PBM contracting. This entails developing customized PBM contracts based on customer-specific utilization, conducting audits of pharmacy claims experience to provide contracted rate adherence, as well as establishing and maintaining collaborative purchasing arrangements to help minimize costs for Brown & Brown customers. Additionally, Frank is a member of the Brown & Brown Innovation Council.

Frank brings over 10 years of pharmacy experience to Brown & Brown, most recently working as a PBM Network Pricing Consultant for one of the nation’s largest Pharmacy Benefit Managers. His experiences working in the PBM industry allow him to provide Brown & Brown customers unique insight into how to help manage and mitigate cost in the face of a complicated and costly pharmacy benefit delivery system.

Frank received his Bachelor of Science degree in Economics from the University of Wisconsin-Madison. Frank maintains a Wisconsin Resident Intermediary License for Accident and Health plans and Life plans.

This program is approved for:

2 HRCI Credits

2 SHRM Credits

Credits will be distributed electronically following the event.