What Employers Often Miss When Evaluating Pharmacy Benefit Manager Performance
The healthcare system in America is convoluted and often expensive, which causes no small amount of stress for patients, providers, and pharmacies alike. For employers that provide health insurance and drug coverage for their workers especially, finding a solution that is both cost effective and ideally straightforward is often difficult. These healthcare purchasers turn to Pharmacy Benefit Managers (PBMs) and find great success, but there are a number of misconceptions and pitfalls employers can fall into when evaluating PBM performance.