Pharmacy benefit managers (PBMs) are hired by health plans to manage the prescription drug portion of their health coverage. Typical plans include commercial health plans, self-insured employer plans, union plans, Medicare Part D Plans, Federal Employees Health Benefits Program, State government employee plans, and Medicaid plans.
The solutions include:
PBM solutions save $654 billion for consumers, employers, unions, and government programs over the next decade. That is a savings of $941 per patient per year.