PBMs Feeling the Heat on All Fronts
InterWest Insurance Services
MAY 26, 2023
PBMs are intermediaries, acting as go-betweens for insurance companies, self-insured employers, drug manufacturers and pharmacies. PBMs typically contract with both insurers (or self-insured employers) and pharmacies. CVS Caremark and UnitedHealth Group’s OptumRx are other major players. Those rebates can be significant.
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