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Rachel Strauss
Professional Background
Rachel Strauss is a seasoned professional in the Pharmacy Benefit Manager (PBM) sector, boasting nearly two decades of extensive experience at EHIM, Inc. Since she embarked on her career with EHIM, Rachel has made significant contributions to both the organization and the pharmacy benefits landscape. Initially joining the company in an analytics role, Rachel cultivated a passion for pharmacy benefit management and the critical role it plays for plan sponsors. This foundational period led her to a five-year stint in underwriting, where she honed her analytical skills that would later serve her well as she transitioned into client-facing roles.
In her capacity as a Key Account Manager within Client Services, Rachel's natural talent for relationship-building and client advocacy became evident. Her dedication and effectiveness led to her promotion to Key Account Executive, where she demonstrated remarkable skill in managing some of the largest national accounts in the country. Rachel's prowess in this area has not gone unnoticed, as she has been recognized multiple times as Producer of the Year—most recently in 2020—highlighting her excellence and consistent performance in her field.
Today, Rachel serves as the Director of Business Development at EHIM. Her wealth of knowledge in the group health market is a cornerstone of her role. Rachel’s extensive network includes critical partnerships with some of the largest Third Party Administrators and elite consulting firms, including key members of Health Rosetta, further solidifying her reputation as a leader in Pharmacy Benefit Management.
Education and Achievements
Rachel's academic foundation is rooted in journalism, having earned her Bachelor of Arts from Michigan State University. This background has endowed her with exceptional communication skills that she has effectively harnessed throughout her career in PBM, allowing her to articulate complex concepts in clear, understandable terms for her clients.
Throughout her career, Rachel has championed the interests of a diverse portfolio of clients, including significant national accounts, publicly held entities, local and regional governmental clients, and educational institutions. Particularly adept at navigating the nuances of union negotiations, Rachel excels at developing pharmacy plan designs that meet the specific requirements of union contracts while ensuring that budgetary constraints and expectations are met. Her analytical contributions also extend to the Implementation Phase of client strategies, where she plays an active role in plan design development and contributes valuable insights during quarterly and annual reviews.
As a passionate advocate for education within the PBM industry, Rachel has committed herself to sharing knowledge and encouraging dialogue through various speaking engagements and educational initiatives. Her enthusiasm for Pharmacy Benefit Management is not only evident in her day-to-day responsibilities but also in her dedication to fostering a well-informed community within the sector.
Achievements
Rachel's tenure at EHIM has been marked by numerous accolades, including multiple recognitions as Producer of the Year—an honor that underscores her effectiveness in driving business success and client satisfaction. Her ability to build strong relationships with key stakeholders and facilitate important negotiations has made her a valuable asset to her clients and colleagues alike. Rachel's commitment to excellence is reflected in her impressive track record of cultivating lasting client partnerships and contributing to the strategic development of pharmacy benefits that are both innovative and compliant with industry standards.
As Rachel continues to evolve in her role at EHIM, her dual focus on business development and educational outreach positions her as a thought leader in the Pharmacy Benefit Management field, inspiring others and influencing best practices within the industry.
