The Employer's Guide Blog for Overseeing PBMs

The Definition of Oversee: to watch over and direct (an undertaking, a group of workers, etc.) in order to ensure a satisfactory outcome or performance.

Why do pharmacy benefit managers (PBMs) overcharge their clients?

PayPal and UPS, household names, have been accused of intentionally deceiving their clients. These two articles were taken from the USA Today in the same issue! Why do PBMs overcharge their clients?  Because their clients are either poor at uncovering the truth or don’t believe this sort of thing is happening to them. Well, think again…

Do you want to eliminate overpayments to PBMs now? The fastest path to pharmacy benefits cost containment starts here.

Tyrone Squires, MBA, CPBS

I am the proud founder and managing director of TransparentRx, a fiduciary-model PBM based in Las Vegas, Nevada. We help health plan sponsors reduce pharmacy spend, by as much as 50%, without cutting benefits or shifting costs to employees.

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