There are hundreds of major companies competing in the United States pharmacy benefit management (PBM) industry. If you’re in the U.S., it’s your right to have pharmacy benefits. Since you have this kind of assistance, you need people to take charge of it. You can call them your PB managers.
Stand up for your rights. Be aware of what’s happening in the U.S. PBM industry—and claim what’s right for you.
The PBM Industry
The PBM industry is growing because of improved life expectancy, the increased number of aging people, and other factors.
Medicare membership also went up. You get to buy more generic and specialty medicines. Company mergers are on the go. Thanks to these movements, business is booming.
Your PB managers are on a mission to give you the luxury of getting prescriptions at smaller costs. They’re out to promote online ordering and producer mark downs as part of their strategy.
Join in the Fight
The Pharmaceutical Care Management Association (PCMA) is up in arms against the 21st Century Cures Act. This bill aims to revamp the Food and Drug Administration’s authorization procedure regarding medicines and health equipment.
PCMA actually disapproves one of the provisions in the bill. There will be hassles in financing the Medicare Part D prescription drug policy. You better stay tuned, especially if you’re a Part D plan holder. Companies also keep watch: Crystal Clear RX uses PBM audit systems to offer real time information about pharmacy benefits to help companies update their clients.
At Whose Expense?
The price of health care is constantly changing, and this affects employers and employees. You can welcome the Affordable Care Act as great news, but you must still be alert about your medical expenses and insurance claims.
Count on benefits consultants to help you out on this. They design the right plan for you based on certain pricing and pharmacy supply standards. You may get expert advice from your consultant(s) anytime.
This industry is vital and managing it is even more important. It’s definitely manageable with competent PB managers with you.
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