Document Type

Issue Brief

Publication Date

10-27-1999

Abstract

This issue brief describes the evolution of the pharmacy benefit manager (PBM) industry since the late 1960s and outlines current business practices in the areas of payment, services, drug formularies, and rebates. Tools of the trade, such as cost-sharing and generic substitution, used to control costs and improve quality are also discussed.

Comments

Issue brief no. 749

Open Access

yes

 
 

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