Navigation Links
New PCMA Alabama Ad Campaign: "That's What PBMs Do"
Date:10/24/2013

WASHINGTON, Oct. 24, 2013 /PRNewswire-USNewswire/ -- The Pharmaceutical Care Management Association (PCMA) today launched a new ad campaign in Alabama – "That's What PBMs Do" – to highlight the core value proposition provided by pharmacy benefit managers (PBMs).  Innovative tools used by PBMs lower prescription drug costs for employers, consumers, and public programs, such as Medicare and Medicaid.

"Employers count on PBMs to reduce health care costs and ensure that patients get high quality prescription drug benefits," said PCMA President and CEO Mark Merritt.

Click here to see the ad: "Who Lowers Pharmacy Costs for Alabama's Employers? That's What PBMs Do."  Click here to view the other campaign ads.

In Alabama, research shows that PBMs will save employers $24.7 billion in prescription drug costs over the next decade. PBMs lower prescription drug costs through several innovative strategies, including:

  • Negotiating Discounts from Drugstores: Retail pharmacies provide discounts to be included in a health plan's pharmacy network. Pharmacies gain business by entering the network and consumers receive discounts on drugs.
  • Offering More Affordable Pharmacy Choices: Home delivery of prescription drugs typically gives health plans deeper discounts than retail pharmacies. Mail-service pharmacies also offer consumers discounts on prescriptions and offers greater convenience than retail pharmacies.
  • Encouraging Use of Generics and Affordable Brands: PBMs use several tools to encourage the use of generic drugs and more affordable brand drugs. These include formularies, generic incentives, consumer education, and physician outreach.
  • Reducing Waste and Improving Adherence: PBMs reduce waste and implement patient adherence programs to help patients stick to their prescription regimens. Both programs improve clinical outcomes and influence prescription drug expenditures.

PCMA represents the nation's pharmacy benefit managers (PBMs), which improve affordability and

quality of care through the use of electronic prescribing (e-prescribing), generic alternatives, mail-service pharmacies, and other innovative tools for 216 million Americans.

Follow PCMA on Twitter


'/>"/>
SOURCE Pharmaceutical Care Management Association
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. PCMA: New Analysis Shows Alabama Can Reduce Medicaid Pharmacy Waste by $513 Million
2. CHPA Statement on Alabama Drug Abuse Task Force Report
3. University of South Alabama Health System Selects Omnicell G4 Solutions
4. Alabamas Stop-Sale System Achieves Significant Results In Battle Against Meth
5. CHPA Applauds Alabamas Adoption Of HB 363
6. CHPA Applauds Alabama Senates Passage of Anti-Meth Bill
7. New PCMA Ad Campaign: Its the Oklahoma Drugstore Lobby vs. Employers
8. New PCMA Ad Campaign: Its the Oregon Drugstore Lobby vs. Employers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)... Ky. , Feb. 12, 2016 /PRNewswire/ ... has completed a $47.1 million Series D ... Cormorant Asset Management, Hillhouse Capital Group and ... Morningside Venture Investments, AJU IB Investment, and ... be used to further advance clinical trials ...
(Date:2/11/2016)... The primary goal of this research is ... the usage of liquid biopsy. Key information the survey ... Timeframe of liquid biopsy adoption amidst future users - ... type - Sample inflow to conduct liquid biopsy tests ... and so on. - Correlation analysis of sample type ...
(Date:2/11/2016)... Feb. 11, 2016  Kindred Biosciences, Inc. (NASDAQ: ... improving the lives of pets, today announced the submission ... New Animal Drug Application (NADA) for Zimeta™ (dipyrone injection, ... (KB0120) of Zimeta for the control of pyrexia (fever) ... --> --> The Chemistry, ...
Breaking Medicine Technology:
(Date:2/12/2016)... ... February 12, 2016 , ... Erlanger Agency has announced a new ... area. The latest campaign focuses on the fight against breast cancer, fundraising for a ... accepted here . , Carmen is a loving single mother of two boys ...
(Date:2/12/2016)... San Ramon, CA (PRWEB) , ... February 12, 2016 , ... ... tissue donation in northern California and Nevada, announced a partnership with San Ramon Regional ... be transferred to the hospital’s facilities as a way to accommodate a more certain ...
(Date:2/12/2016)... FL (PRWEB) , ... February 12, 2016 , ... For ... Dental hygienist Suzan Sweeney, RDH, and dental assistant Terrell Moore shortly before 7 a.m. ... joined dozens of dental professionals, donating their time and skills to help hundreds of ...
(Date:2/12/2016)... (PRWEB) , ... February 12, 2016 , ... ... “Revolutionizing Cancer Care.” , The print component of “Revolutionizing Cancer Care” ... Pittsburgh/Cleveland, New York, Washington DC/Baltimore, and Seattle, with a circulation of approximately 250,000 ...
(Date:2/12/2016)... ... 12, 2016 , ... Atlantic Information Services, Inc. (AIS) is ... an upcoming Feb. 24 webinar that will discuss ways health plans and PBMs ... as the $1,000-per-pill hepatitis C treatment Sovaldi and high-cost PCSK9 inhibitors to treat ...
Breaking Medicine News(10 mins):