If you’re one of the more than 250 million Americans who have health insurance and wonder if you’ve ever overpaid for your prescription drug because of what are called prescription clawbacks, chances are you have. Researchers at the University of Southern California (USC) Schaeffer Center for Health Policy & Economics found that insurance co-pays are…
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What is a pharmacy benefits manager?
A pharmacy benefits manager (PBM) is a third-party administrator that manages prescription drug programs for health plans, employers, and government programs.