Pharmacy Benefit Manager
Abbreviation: PBM
Definition
Pharmacy Benefit Managers (PBMs) are companies that manage prescription drug benefits on behalf of health insurers, Medicare Part D drug plans, large employers, and other payers.
NEW! Contain costs with our Performance IQ Suite
Abbreviation: PBM
Pharmacy Benefit Managers (PBMs) are companies that manage prescription drug benefits on behalf of health insurers, Medicare Part D drug plans, large employers, and other payers.