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Lack of PBM transparency harms employers

Its not uncommon to find pharmacists who feel frustrated with abusive practices and the complete lack of transparency from pharmacy benefits managers, the third-party administrators of prescription drug programs.

By Dave Marley | Updated on September 25, 2012

It’s not uncommon to find pharmacists who feel frustrated with abusive practices and the complete lack of transparency from pharmacy benefits managers, the third-party administrators of prescription drug programs. 

But abuse by PBMs of local pharmacies is not only bad for the drug store on the corner. It’s also a big problem for many companies. PBM abuse and fraud can impact the bottom line and puts more pressure on the benefits managers who work with PBMs on a daily basis to make sure they are not being exploited.

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