Pinnacol Assurance Selects PMSI As Workers Compensation Pharmacy Benefit Manager
Tampa, FL (WorkersCompensation.com) - PMSI, one of the nation’s largest and most experienced companies focused on workers’ compensation, announced its selection by Pinnacol Assurance, a leading workers’ compensation insurer based in Colorado serving 55,000 customers and over a million workers, as Pharmacy Benefit Manager (PBM).
“Pinnacol is committed to providing exceptional service to our policyholders and compassionate care for their injured workers,” said Dan O’Neil, Pinnacol’s vice president of strategic business operations. “We selected PMSI as our PBM partner because having a pharmacy partner that shares our commitment to excellence is key to ensuring that our stakeholders receive the level of expertise and service they’ve come to expect from us.”
Pinnacol set out to find a PBM partner capable of integrating with its SelectNet network, an integrated, preferred provider network offering primary, secondary and ancillary medical services for injured workers across the state of Colorado. Pinnacol was also looking for a workers’ compensation provider that could provide access to a broad array of pharmacies in Colorado to maximize injured worker access to medications. PMSI’s innovative pharmacy network, extensive network penetration programs, flexible technology platform and proven clinical programs will help Pinnacol and its customers maximize clinical and cost outcomes related to their pharmacy spend.
“PMSI is well positioned to drive operational efficiencies for Pinnacol and contribute significant value to their bottom line,” said Eileen Auen, PMSI’s chief executive officer. “We look forward to maximizing the value of this joint collaboration between two leaders in the workers’ compensation industry to benefit injured workers across the state of Colorado.”