HR professionals discussing pharmacy benefit managers and prescription drug costs during an employer healthcare plan review.

How Pharmacy Benefit Managers Influence Employer Healthcare Plans

Prescription drug costs are a significant factor in determining the overall expense and effectiveness of employer-sponsored healthcare plans. Managing these costs while ensuring employees have access to necessary medications can be complex. This is where Pharmacy Benefit Managers (PBMs) play a pivotal role. Acting as intermediaries between employers, health insurance plans, pharmacies, and pharmaceutical manufacturers,…