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  2. Pharmacy benefit management - Wikipedia

    en.wikipedia.org/wiki/Pharmacy_benefit_management

    Pharmacy benefit management. In the United States, a pharmacy benefit manager ( PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans.

  3. Catamaran Corporation - Wikipedia

    en.wikipedia.org/wiki/Catamaran_Corporation

    Catamaran Corporation (formerly SXC Health Solutions) is the former name of a company that now operates within UnitedHealth Group's OptumRX division (since July 2015). It sells pharmacy benefit management and medical record keeping services to businesses in the United States [3] and to a broad client portfolio, including health plans and employers. [4]

  4. Express Scripts - Wikipedia

    en.wikipedia.org/wiki/Express_Scripts

    Express Scripts also offers pharmacy benefit management services for workers' compensation insurance programs. The program is accredited by URAC, the nation's largest accrediting body for pharmacy benefit management companies. The company processes pharmaceutical claims for members through a network of retail pharmacies.

  5. Explainer-Why are US pharmacy benefit managers under fire? - AOL

    www.aol.com/news/explainer-why-us-pharmacy...

    Three companies controlled 79% of U.S. pharmacy benefit management in 2022, according to the data platform Statista: CVS Caremark with 33%, Express Scripts at 24%, and OptumRx owns 22% of the market.

  6. MA debate: Do pharmacy benefit managers help lower drug ... - AOL

    www.aol.com/ma-debate-pharmacy-benefit-managers...

    Pharmacy benefit managers were created as a cost-saving measure for employers. A contracted manager could determine which medications would be covered by insurance and was then authorized to ...

  7. New Optum Product Helps Companies Better Manage Pharmacy Costs

    www.aol.com/news/2012-10-18-new-optum-product...

    New Optum Product Helps Companies Better Manage Pharmacy Costs ProtectRx caps client liability for covered pharmacy benefit costs IRVINE, Calif.--(BUSINESS WIRE)-- OptumRx, a leading pharmacy ...

  8. Medco Health Solutions - Wikipedia

    en.wikipedia.org/wiki/Medco_Health_Solutions

    Medco Health Solutions, Inc. was an American Pharmacy Benefits Management (PBM) company. Medco provided pharmacy services to private and public employers, health plans, labor unions, government agencies, and individuals served by Medicare Part D Prescription Drug Plans. Medco was a member of the S&P 500 and ranked number 34 on the 2011 Fortune ...

  9. Shapiro signs pharmacy benefit manager reform legislation ...

    www.aol.com/shapiro-signs-pharmacy-benefit...

    Senate Bill 688 was signed into law Wednesday by Gov. Josh Shapiro as Act 86 of 2024. Reach Bill O'Boyle at 570-991-6118 or on Twitter @TLBillOBoyle. Jul. 21—WILKES-BARRE — Gov. Josh Shapiro ...

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