Welcome to the Pharmacy Benefit Brief. This brief is your monthly snapshot of news from America’s prescription drug supply chain including pharmacy benefit managers, independent pharmacies, and drug manufacturers. PLEASE, JUST THE FACTS ON PHARMACY COUNTS… When it comes to
This week, community pharmacists will conduct a “Fly-In” in Washington D.C. Undoubtedly, part of the message to Congress will be critical of pharmacy benefit companies, but more than likely what won’t be heard is how PBMs are supporting rural pharmacies
In case you missed it, former U.S. Representative for Pennsylvania’s 6th Congressional District Ryan Costello discusses how recent legislation targeting pharmacy benefit companies will raise costs for taxpayers and patients and do nothing to address the root cause of high
The Value of Pharmacy Benefit Management PBMs Create $145 Billion in Value Annually Groundbreaking research by University of Chicago Economics Professor Casey Mulligan describes the services that pharmacy benefit managers (PBMs) provide in the healthcare marketplace to patients, health plans,
The Independent Pharmacy Marketplace Is Stable Over the last ten years, the number of independent retail pharmacies nationwide increased by 1,719 stores, or 8%. Over the last five years, the marketplace for independent pharmacies has experienced small fluctuations from year-to-year,
The Independent Pharmacy Marketplace Is Stable Over the last ten years, the number of independent retail pharmacies nationwide increased by 1,638 stores or 7.5%. New 2023 data from the National Council for Prescription Drug Programs (NCPDP) finds a continuing pattern
Bank of America (BofA) recently released the findings of an employer survey that found that the pharmacy benefit marketplace is highly competitive, confirmed that surveyed employers believe their pharmacy benefit company is transparent to them, and underscored the savings, flexibility,
Fact: Employers are under no obligation to hire pharmacy benefit companies, but a vast majority of employers work with pharmacy benefit companies. Recent findings from the PricewaterhouseCoopers (PwC) 2021 “Health and Well-being Touchstone Survey” of 368 companies explains why employers,
PBMs and Pharmacies Pharmacy Benefit Companies Support Rural Independent Pharmacies Pharmacies are important points of care for many patients across the U.S. This can especially be true for patients in rural areas, who may depend on their pharmacist for clinical
Health care, business, political, and economic experts all agree pharmacy benefit companies deliver significant savings and play a critical role mitigating costs and supporting access to affordable, quality prescription drug coverage for employers and patients. A number of economists, academics,
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