Pharmacy benefit managers (PBMs) work behind the scenes to fulfill employer groups’ prescription drug needs. First, PBMs negotiate agreements with drug manufacturers, wholesalers, and pharmacies
The Departments of Treasury and Labor, Health and Human Services have provided further guidance on gag clause provisions within the private health insurance and public
State legislators around the country continue to introduce bills to force health plans to count drug coupon value provided by pharmaceutical companies towards patient out-of-pocket
Prescription drug rebates can help plans find relief from their pharmacy benefit spend. But depending on the terms of their pharmacy benefits contract, some plans
You may have seen one of many news stories about insulin manufacturers Sanofi, Eli Lilly, and Novo Nordisk reducing the price of their products. With
When doctors prescribe a medication to a patient, it does not guarantee the medication will be approved or covered under the patient’s pharmacy benefit plan.
Viewers of this year’s Super Bowl saw several medical device and pharmaceutical commercials. Although Super Bowl ads cost manufacturers millions of dollars, studies have shown
Educated plan decision makers promote lower healthcare costs for patients and plan sponsors. Being knowledgeable about prescription drug options results in the promotion of the
Prescription drug importing, known as international sourcing, is when prescription medications are transported into one country from another. One of the main reasons prescription drug
Strategic account executives are key to achieving a best-in-class pharmacy benefit plan with National CooperativeRx. They wear many hats within the Cooperative and are right
In 2021, the U.S. healthcare system spent $603 billion on prescription drugs before rebates. While only 20% of the prescription drugs filled were brand-name drugs,
2022 is coming to an end, leaving many eager to see what the new year has in store. What can we expect in the pharmacy