PBM Programs Offer Expanded Payments for Independent Pharmacies

Research Finds PBM-Affiliated Pharmacies are a Non-Factor in Rising Drug Costs

A strong relationship between pharmacy benefit managers (PBMs) and pharmacies means a better experience and more affordability for patients. PBMs work closely with pharmacies of all sizes to support patients' access to prescription drugs.

PBMs appreciate the unique needs of rural independent pharmacies and every day are rolling out new, innovative programs that include higher reimbursements on prescription drugs as well as increased payments for clinical services.

See more details on how PBMs are helping independent pharmacies.

A study by Dennis Carlton, Ph.D., professor emeritus at the University of Chicago Booth School of Business and former chief economist at the U.S. Department of Justice Antitrust Division, shows that for all prescription drugs, PBMs are paying independent pharmacies on average higher rates than pharmacies that are affiliated with PBMs. The study also concludes that PBM-affiliated pharmacies are not a driver of high drug costs.

Read Dr. Carlton's full report HERE.

Key Findings:

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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 289 million patients.