ICYMI: RealClearHealth: JC Scott: Elevating The Value Of The Employer-PBM Relationship

In case you missed it, JC Scott, president and CEO of the Pharmaceutical Care Management Association (PCMA), highlights the valuable relationship between pharmacy benefit managers (PBMs) and the employers who voluntarily chooses to hire them, along with PCMA’s new “How PBMs Work” campaign, in a new op-ed in RealClearHealth.

Read the full op-ed HERE.

In a new video, Scott echoes the importance of preserving the partnership between PBMs and employers and explains how PBMs work:

Excerpt from JC Scott’s Op-ed “Elevating the Value of the Employer-PBM Relationship:”

“Contrary to the narrative that some pharmaceutical companies want policymakers to believe, employers and health plan sponsors hire PBMs because they provide a wide range of pharmacy benefit options that help payers offer high-quality, cost-effective prescription drug benefits. The work of PBMs leads to an average of $1,040 in savings per covered person per year.

“Congress cannot risk leaving employers to fend for themselves against pharmaceutical giants or restrict flexibility, options and savings that help businesses design benefits that work best for their unique needs, achieve savings that supports their ability to sponsor, and invest in high-quality benefits and unlock better health outcomes for their employees.”

Learn more about the PBM-employer relationship from PCMA’s new campaign, “How PBMs Work,” HERE.

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PCMA is the national association representing America’s pharmacy benefit companies. Pharmacy benefit companies are working every day to secure savings, enable better health outcomes, and support access to quality prescription drug coverage for more than 275 million patients. 

 

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