Manager – Formulary Operations
Company | Oscar Health |
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Location | Los Angeles, CA, USA, Tempe, AZ, USA, New York, NY, USA |
Salary | $144000 – $189000 |
Type | Full-Time |
Degrees | PharmD |
Experience Level | Mid Level, Senior |
Requirements
- Doctor of Pharmacy degree (PharmD)
- 3+ years working for PBM or Payer in clinical pharmacy operations
- 3+ years leading cross-functional teams/projects and change management
- 3+ years supporting formulary management (P&T Committee, clinical policy development, formulary run operations)
Responsibilities
- Ensuring clinical quality standards are met by maintaining clinical policies used for decision-making; ensure that compliance standards set by regulators and NCQA are defined in policies, that procedures are documented, and that those processes audited.
- Operationalize, develop and maintain a clinically appropriate and cost-effective formulary and medical benefit preferred drug list by operating and managing Oscar’s P&T committee, which includes evaluating new developments in the drug treatment landscape and providing recommendations on how to manage new to market drugs and new drug indications.
- Provide written recommendations with responses and corresponding documentation for regulatory inquiries, feedback on future legislation, and other business questions that probe at formulary operations.
- Responsible for annual formulary binder filings
- Accountable and responsible for maintaining mental health parity NQTL responses and working cross-functionally for future filings and responding to ongoing objections during the audit process.
- Compliance with all applicable laws and regulations
- Other duties as assigned
Preferred Qualifications
- Residency Training
- Experience with Marketplace Exchange