Ray Korson

Ray Korson

Ray serves as Practice Leader for Employee Benefits at Gibson. Ray is tasked with leading strategy and operational excellence for Gibson’s employee benefits practice to deliver an unparalleled Gibson Client Experience. As an experienced navigator of the Gibson Protection System (GPS), Ray is focused on helping business leaders maximize their return on human capital by designing customized strategies to optimize their investments in employee benefits, employee engagement, culture, and total organizational health. Read Ray's Full Bio

Recent posts by Ray Korson

4 min read

2019 Employee Benefits Outlook

By Ray Korson on Feb 20, 2019 6:30:00 AM

According to the Greek philosopher Heraclitus, “The only thing that is constant is change.” This certainly rings true for the year ahead in the world of employee benefits and human capital management. While not an exhaustive summary of the changes to come, the following touches on some of the key trends and area of focus for employee benefits in the near future.

Topics: Employee Benefits Health Risk Management Select Business Solutions
3 min read

The Basics Of Pharmacy Benefit Managers

By Ray Korson on Aug 31, 2016 6:30:00 AM

Whether you sponsor a self-funded or a fully-insured medical and prescription benefit plan to your employees, there is a good chance you purchase drugs through a Pharmacy Benefits Manager (PBM). There is also a high probability you are completely unaware of what a PBM is and how it operates. You’re not alone!

Topics: Employee Benefits
4 min read

Prescription Costs On The Rise: Strategies To Manage Your Rx Spend

By Ray Korson on Apr 13, 2015 6:30:00 AM

Blog updated on March 27, 2017 to reflect most recent data.

According to Express Scripts’ 2016 Drug Trend Report, national prescription drug spending increased just 3.8% in 2016, down from 5.2% in 2015 and a whopping 13.1% in 2014. This may very well come as a surprise to those who have witnessed prescription drug claims jump from 18-20% of their total medical and Rx spend to 35% and greater. Don't worry, you're not alone! 

Topics: Employee Benefits