This video explains how drug manufacturers use rebates to influence formulary decisions and how PBM's use their formulary to make money.
Пікірлер: 7
@TheMoneyMakingMentor6 жыл бұрын
Joey thanks for this valuable information
@user-sx9py2kd2r5 жыл бұрын
Thanks for sharing
@pharmacistplace3 жыл бұрын
Thanks for watching!
@mahindra912 жыл бұрын
Thank you very much. I would be happy to view any more videos on PBM. Please share the links if you know.
@chinweoparaocha5927 жыл бұрын
Thank you for this video. What happens when a highly effective drug is too expensive to be put on a PBM formulary?
@MrSupervan8611 жыл бұрын
No, you would be responsible for 100% of the cost for Drug B because it is not covered by your PBM nor on their formulary list . A 30/70 chance is to have your pharmacy fax the doctor for a PA (Prior Authorization) or reperscribe for a different drug. The doctor would then need to fax or call the PBM explaining why you can't take Drug A. Some Examples: Step drug therapy, allergic reactions, patient prefers, etc. From there it is up to PBM's to approve or denied.
@davidlanday61026 жыл бұрын
Hi, I was watching this at work so I needed to watch with subtitles and if this question is not fully developed I apologize. What prevents a PBM from becoming a pharmacy when the rebate directly from pharmaceutical company is better than what the Pharmacy is willing to provide?