Here’s a way to help control the cost of health insurance.
PBM’s, or Pharmaceutical Benefit Managers, are essentially middlemen who buy med’s directly from manufacturers, and then re-sell them to health care plan sponsors. Along the way, they receive rebates and discounts. Problem is, they don’t always pass these savings along.
David Williams at Health Business Blog sets the record straight, and tells about how some of those plan sponsors are insisting on sharing in the savings.