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The Dangerous Truth About Mail Order Pharmacies: Rising Costs and Hidden Risks

The Happy PharmD

Mail order pharmacies have exploded in popularity in recent years, but many pharmacists and patients are starting to notice something isnt quite right. A major factor driving this boom is the influence of Pharmacy Benefit Managers (PBMs), who manage prescription drug benefits for healthcare plans, Medicare, and large employers.

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Pharmacy benefit management demystified: How PBMs influence prescription drug pricing

HealthPartners

Ultimately, this insight can help ensure your company and your employees are getting the greatest value from your pharmacy benefits plan. Understanding pharmacy benefit management and drug pricing The U.S. prescription drug supply chain is extraordinarily complex. To better understand it, see the below diagram.

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Why Pharmacists Are Leaving: Burnout, Low Pay & Unmet Expectations

The Happy PharmD

Theyre blamed for everything from insurance issues and drug shortages to skyrocketing drug prices, while the credit for the lives they save often goes unnoticed. When local pharmacies close, patients are left scrambling, sometimes relying on mail-order pharmacies or traveling long distances for their medications.

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How high prescription drug rebates can derail pharmacy benefit plans

HealthPartners

It’s important for employers to understand how and why costly things like this happen and what to do to avoid them – especially when deciding how to design the right pharmacy benefit plan , negotiate a PBM contract and evaluate plan performance.

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To carve in or carve out? Finding the best pharmacy benefit plan for you

HealthPartners

We negotiate the lowest pricing in our network of retail pharmacies, mail order pharmacy and specialty pharmacy partnerships. Excellent member experience It’s hard to lower your pharmacy costs if your members aren’t getting adequate support to follow their therapies correctly and start feeling better.