Are there mail order services for prescriptions?
Pharmacy Benefit Managers (or PBMs) such as Express Scripts are mail order services for prescription drugs.
PBMs are usually third-party administrators, but can also be part of an integrated health care system, such as Kaiser or the VA. PBMs primarily handle the following items:
- Processing and paying prescription drug claims
- Developing and maintaining the drug formulary
- Contracting with pharmacies
- Negotiating discounts and rebates with drug manufacturers
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