Perscription Costs – How PBMs Reduce Costs & Improve Quality

Pharmacy benefit managers (PBMs) reduce prescription drug costs and improve quality for consumers, employers, unions, and government programs. Drug benefit savings and quality solutions strategies include:

Negotiating rebates and discounts from drug manufacturers and drugstores.

Leveraging competition to reduce high-cost specialty medications and improve adherence.

Offering lower cost home delivery of medications for patients with chronic conditions like high blood pressure and rheumatoid arthritis.

Offering lower cost pharmacy plans that offer convenient access and extra discounts at certain pharmacies.

Encouraging the use of generics and more affordable brand medications.

Reducing errors and improving the lives of patients.

Resources

How do prescription drug rebates
reduce costs?

How does drug
pricing work?

What is drug price
transparency?

What is a pharmacy
benefit manager (PBM)?

How do preferred pharmacies
save money for seniors?

How do specialty pharmacies lower costs and improve quality?

Who hires
a PBM?

How do PBMs lower costs with
home delivery?

How do PBMs reduce Medicare
Part D Rx costs?

How Much PBMs are Saving: State-by-State