TITLE

PBM transparency: More than meets the eye

AUTHOR(S)
Model, Neil
PUB. DATE
November 2006
SOURCE
Employee Benefit News;Nov2006, Vol. 20 Issue 14, p52
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the difficulties encountered by pharmacy benefit managers with the pass-through pricing and transparency approach. As a result, numerous litigations and claims have cost both plan sponsors and the pharmacy benefit managers. The industry has undergone a transformation in response to this concern. Pass-through pricing contracts are offered wherein plan sponsors are billed for actual amount charged by retail pharmacies for drugs and dispensing fees and get 100 percent rebate.
ACCESSION #
22983985

 

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