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Oscar Health // health insurance
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Hi, we're Oscar. We're hiring a Manager, Formulary & Medical Pharmacy Operations to join our Pharmacy team.

Oscar is the first health insurance company built around a full stack technology platform & a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselvesone that behaves like a doctor in the family.

About the role:

You will oversee & manage clinical pharmacy initiatives driving affordability savings including core formulary management operations. You will partner across Pharmacy, Medical Economics, & the Office of Clinical Affairs to operationalize pharmacy related workflows & monitor existing savings initiatives for drugs on both the pharmacy & medical benefits.

You will report to the Senior Manager, Formulary Operations & Pharmacy Utilization Management.

Work Location: This is a remote position, open to candidates who reside in: Florida. You will be fully remote; however, our approach to work may adapt over time. Future models could potentially involve a hybrid presence at the hub office associated with your metro area. #LI-Remote

Pay Transparency: The base pay for this role is: $144,000 - $189,000 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program & annual performance bonuses.

Responsibilities:

  • Provide insights & recommendations for trend management & clinical effectiveness, including serving as a key contributor in the enterprise affordability process for pharmacy
  • Manage the pipeline of enterprise affordability projects across the pharmacy department (program operations & clinical) & oversee the performance of active initiatives
  • Partner with leads across the organization as necessary in order to communicate, understand & identify upstream & downstream impacts to the business
  • Contribute to the design & implementation of clinical programs focused on improving patient outcomes & reducing costs.
  • These programs may include medication adherence initiatives, chronic disease management programs, & patient education efforts
  • Operationalize, develop & maintain a clinically appropriate & cost-effective formulary by operating & managing Oscar's P&T committee, which includes evaluating new developments in the drug treatment landscape & providing recommendations on how to manage new to market drugs & new drug indications.
  • Oversee & optimize medical pharmacy preferred drug lists & strategies to supports utilization of lowest unit cost infusion products
  • Provide written recommendations with responses & corresponding documentation for regulatory inquiries, feedback on future legislation, & other business questions that probe at formulary operations.
  • Accountable & responsible for maintaining mental health parity NQTL responses & working cross-functionally for future filings & responding to ongoing objections during the audit process.
  • Compliance with all applicable laws & regulations
  • Other duties as assigned

Requirements:

  • Doctor of Pharmacy degree (PharmD)
  • 4+ years working for PBM or Payer in clinical pharmacy operations
  • 4+ years leading cross-functional teams/projects & change management
  • 3+ years supporting formulary management (P&T Committee, clinical policy development, formulary run operations)

Bonus points:

  • Residency Training
  • Experience with Marketplace Exchange

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves & find both belonging & support. We're on a mission to change health care -- an experience made whole by our unique backgrounds & perspectives.

Pay Transparency:  Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, & experience. Full-time employees are eligible for benefits including: medical, dental, & vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life & disability insurance, & paid wellness time & reimbursements.

Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates & detail how we use AI to support our recruiting efforts.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicants disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team (accommodations@hioscar.com) to make the need for an accommodation known.

California Residents: For information about our collection, use, & disclosure of applicants personal information as well as applicants rights over their personal information, please see our Privacy Policy.

 
 
 
 
 
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