America's Benefit Specialist May 2023

CPC QUIZ

13. Biologic medications that lose patent protection do not go “_____” in the traditional sense because the drug chemistry of biologics involves living tissue and complex molecules that are not easily or directly repli cable from one manufacturer to another.

15. Vital factors that go into the pricing strategy include list prices, discounts, financial assistance and _____. A. rebates B. sales

C. inflation D. demand

A. generic B. extinct C. biosimilar D. brand-name

14. Employers looking to capitalize on biosimilars should also consider the important factors that drive market share when selecting a _____ and a biosimilar strategy. A. health insurance agent or broker B. physician C. scholar D. pharmacy benefits manager

Answers to last issue’s quiz: 1. B, 2. A, 3. D, 4. C, 5. B, 6. D, 7. A, 8. C, 9. A, 10. C, 11. D, 12. A, 13. B, 14. A, 15. B

CONGRATULATIONS, REGISTERED EMPLOYEE BENEFITS CONSULTANTS! The professionals listed below earned the Registered Employee Benefit Consultant ® designation in February. NABIP views this designation as the highest form of recognition in the health insurance industry, demonstrating the highest level of commitment to educational leadership within the insurance profession.

Christine Gallegos Curtis Lawyer

Kelly Sherrill Ashley Moeller

The REBC® designation was established to acknowledge professional accomplishments in the employee benefits and healthcare-reform fields and distinguishes the recipient as an elite practitioner in the field. Earning an REBC® designation is visible testimony to clients that their advisor has acquired and maintained the highest level of expertise and competence.

The program is delivered in classroom and online delivery by NABIP’s Benefit Specialist Institute. More information is available at http://nabip.org/professional-development/rebc-designation.

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