Insight
PBM Best Practices Series: What to expect from your PBM account team
Pharmacy benefit managers play a key role in helping plan sponsors manage prescription drug spend, and good account management can make all the difference
IFRS 17 requires preparers of accounts to derive discount rates for the valuation of the cash flows associated with their insurance contracts. Conceptually setting a discount rate to reflect the time value of money and thereby to allow an expression of amounts to be paid or received at different future times in terms of a single consistent “currency” is relatively straightforward.
Insight
Pharmacy benefit managers play a key role in helping plan sponsors manage prescription drug spend, and good account management can make all the difference
Setting discount rates under IFRS 17: Getting the job done
IFRS 17 requires preparers of accounts to derive discount rates for the valuation of the cash flows associated with their insurance contracts.