Dae Y. Lee, Pharm.D., Esq., CPBS is a pharmacist attorney in Frier Levitt’s Life Sciences Department. Dae’s practice focuses on Pharmacy operations, Plan Sonsor operations and compliance, and Pharmacy Benefit Managers (PBMs) regulations. Dae also co-chairs Plan Sponsor Practice Group along with Co-Founding Partner, Jonathan E. Levitt, Esq. He advises clients in a wide range of matters including insurance and PBM audits and termination, wrongful recoupment, wrongful network exclusion, and governmental investigations. For Plan Sponsors, Dae provides full panoply of legal services ranging from PBM contract negotiations to pursuing legal action against PBMs to enforce Plan Sponsor Agreement terms and considtions. In addition, Dae prosecutes reimbursement disputes on behalf of healthcare providers and faciliaties against health insurance companies.
Prior to joining Frier Levitt, Dae had actively litigated high-profile cases in various product liability cases, including prescription drugs Actos and medical devices such as Da Vinci Surgical System. He had supervised the day-to-day management of complex, multi-party mass tort litigation in state and federal courts and multidistrict litigation throughout the United States.
In addition to his legal background, Dae has experience, as part of the Ernest Mario School of Pharmacy program, in retail pharmacies, hospitals, and an investment bank where he contributed to advising investors about biopharmaceuticals.
Dae is a Certified Pharmacy Benefits Specialist™ (CPBS™). Offered through TransparentRx and accredited by the University of Kentucky School of Pharmacy, the CPBS program is designed to cover relatively complex topics of pharmacy benefit management in order to provide a foundational knowledge required for higher-level evaluation of PBM business operations, fundamentals of PBM pricing, plan design, cost-containment strategies, PBM contracts, PBM procurement, Specialty Pharmacy benefits management, and overall PBM performance with emphasis on cost effectiveness. There are only approximately 300 Certified Pharmacy Benefits Specialists™ nationwide.
Dae is fluent in Korean.
Maurice A. Deane School of Law at Hofstra University
Rutgers University, Ernest Mario School of Pharmacy
- State of New York
- State of New Jersey
- American Association for Justice
- National Association of Specialty Pharmacy
“Plan Sponsor Alert: Truths About PBM and Manufacturer Rebates,” BenefitsPRO, May 20, 2020.
- National Trial Lawyers to New Jersey’s Top 40 Under 40 Civil Plaintiff’s Attorneys (2019)
- Super Lawyers – New York Metro Rising Stars (2018)
- National Trial Lawyers to New York’s Top 40 Under 40 Civil Plaintiff’s Attorneys (2017-2020)
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