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:11/14/2019)... PRINCETON, N.J. (PRWEB) , ... November 14, 2019 ... ... imaging services for clinical trials, announced today that it has reached a milestone ... efficacy endpoint in more than 200 regulatory submissions from biopharmaceutical clients for therapies ...
(Date:11/14/2019)... ... 14, 2019 , ... A promising new non-invasive diagnostic tool ... or their recurrence, is attracting interest and attention. , Researchers at Danbury Hospital’s ... Health, and the Icahn School of Medicine at Mount Sinai have shown that ...
(Date:11/12/2019)... ... November 12, 2019 , ... The Vinyl Institute ... additives, and modifiers, announced recipients of its annual health, safety and environmental awards, ... and protecting the environment at manufacturing facilities throughout the United States and Canada. ...
Breaking Medicine Technology:
(Date:11/16/2019)... ... 16, 2019 , ... Uniform Advantage (UA), was selected as ... health systems, as it underwent its brand transition from Adventist Health System. The ... to fitting events to uniform delivery. The scope of the new uniform program ...
(Date:11/15/2019)... ... November 15, 2019 , ... PlayCore’s Center for ... school physical activity programs (CSPAP) on December 3, 2019 at 2 p.m. EST. ... professionals, this one-hour and 15-minute webinar will discuss the five components of the ...
(Date:11/15/2019)... ... November 15, 2019 , ... Spectrum Vision Partners ... Long Island Workplaces for 2019. The recently announced rankings honor those organizations where ... worked in partnership with Energage to conduct surveys into organizational health and identify ...
(Date:11/14/2019)... ... November 14, 2019 , ... ... Health Care System reminds community members, businesses and organizations about the benefits of ... global movement that inspires hundreds of millions of people to give, collaborate and ...
(Date:11/14/2019)... CUMBERLAND FORESIDE, Maine (PRWEB) , ... ... ... Maine Standards releases VALIDATE® SP1 linearity and calibration verification kit, specifically targeted ... kit, in a human-serum matrix, evaluates a1-Antitrypsin (ATT), Complement C3 (C3), Complement ...
Breaking Medicine News(10 mins):