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Manager – Formulary Operations

Manager – Formulary Operations

CompanyOscar Health
LocationLos Angeles, CA, USA, Tempe, AZ, USA, New York, NY, USA
Salary$144000 – $189000
TypeFull-Time
DegreesPharmD
Experience LevelMid 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