What is a PBM?
In the US, a Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. They also are responsible for developing and maintaining the formulary, contracting with pharmacies, and negotiating discounts and rebates with drug manufacturers. Currently, there are over 100 PBMs in the United States.
Examples
Pharmacy Resources
PBM News Articles
- Rankings - Best Pharmacy Coupons
April 8, 2016 - Rankings - PBM Drug Rebates
March 22, 2016 - PBM Rankings - Best Discount Drug Card
June 9, 2012 - Top 10 PBM Companies - Rankings: Best Funded PBM
June 8, 2012 - Wish List: 10 Things You Want From Your PBM
November 29, 2011