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:7/20/2017)... , July 20, 2017  Prime Therapeutics LLC (Prime) ... Gavras , M.D., following today,s Institute for Clinical and Economic ... on the effectiveness and value of abuse-deterrent formulations (ADF) ... the policy roundtable at the meeting. ... a material cost benefit to the use of abuse-deterrent formulations ...
(Date:7/14/2017)... -- Endo International plc (NASDAQ: ENDP ) will announce ... of its senior management team will host a conference call and ... The dial-in number to access the call is ... the passcode is 45397076. Please dial in 10 minutes prior to ... A replay of the call will be available from August 8, ...
(Date:7/13/2017)...  New York City-based market research firm Kalorama Information notes ... of.  From new products to new costs, to the threat ... completed study, Potential Pipeline Disruptors . Among ... 1.  Age-Driven Growth - True Impact Moment Arriving   ... impact the growing population and, to a more extreme extent, ...
Breaking Medicine Technology:
(Date:7/25/2017)... ... July 25, 2017 , ... Summers in Palm Springs sizzle, but ... — think homemade gourmet ice cream, sparkling pools, and mile-high fun. , At Arrive's ... mugs, journals, and other must-have knick knacks. Ice cream and sorbet flavors rotate, but ...
(Date:7/25/2017)... ... July 25, 2017 , ... Dr. Donna ... University recently co-authored and published an article in the medical science journal Physical ... Palsy. Both the article and the research that helped produce it, were written ...
(Date:7/25/2017)... Austin, TX (PRWEB) , ... July 25, 2017 , ... ... medical emergencies in the Austin, TX area 24 Hours a day. , The ... in Austin, TX. , “We’ve been open four months now and things are ...
(Date:7/24/2017)... ... July 24, 2017 , ... Cosmetic Town, an online plastic surgery ... surgeries they perform on a daily basis. , The new video series will ... specialize in at their practices. , When asked about the new video series, ...
(Date:7/24/2017)... ... July 24, 2017 , ... The International Essential Tremor Foundation (IETF) will ... essential tremor (ET). The seminar will take place on Saturday, Aug. 26 at the ... The program will run from 9 a.m. to 12 p.m., with check-in beginning at ...
Breaking Medicine News(10 mins):