Pharmacy Benefit Management

$1,200.00

Examine PBM business model including the customers they serve, the services they provide, and the products they manage.

Description

Pharmacy Benefit Management companies, or PBMs, contract with health plans, self-funded employer groups, retail pharmacies, and specialty pharmacies. They manage formularies, process claims, provide utilization management and disease management services, and provide mail-ordered prescription services. PBMs also contract with pharmacies and pharmacy networks to serve members of health plans.