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Navion’s Chief Pharmacy Officer Featured in SIIA’s The Self-Insurer

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BiosimilarsCost-Containment

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As more manufacturers continue to enter the biosimilar market, plan sponsors have unprecedented to control costs while maintaining access to the therapies members need most. 

Beckie Fenrick, Pharm D, MBA, chief pharmacy officer, Navion, affirms, “Biosimilars deliver substantial market value-and at Navion, we strongly recommend that plan sponsors embrace proactive strategies to promote biosimilar adoption. By driving utilization toward clinically equivalent, lower-cost options, organizations can enhance both affordability and access across their populations.” 

She says biologics are a cornerstone in treating many autoimmune conditions-yet their high costs are often a barrier to care, adding “The introduction of biosimilar has the power to reshape this landscape. Injecting meaningful price competition and driving down treatment costs for patients and plan sponsors alike. Biosimilars make advanced therapies more accessible, ensuring that cost does not stand in the way of care.” 

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