How pharmacy benefit managers influence drug pricing
1 هزار بار بازدید -
2 ماه پیش
-
The point of prescription drugs
The point of prescription drugs is to help people improve their quality of life. When a doctor writes a prescription and sends it along to the pharmacy, oftentimes they’re more focused on the drug’s effectiveness than its cost.
But when a patient picks up that drug, the price they will be asked to pay at the counter takes center stage — and it depends on a complex combination of factors. Is it a brand-name or a generic drug? Does the patient have health insurance? If so, does that insurance cover the drug?
Also, how do health insurers decide which drugs to cover, and what amount they’ll cover?
We answer all of these questions in Part 2 of this series. The video outlines what pharmacy benefit managers, or PBMs, are; how formularies and rebates work; and how PBMs use them to mediate with drugmakers, health insurers, and pharmacies in ways that influence the cost of drugs.
More from STAT:
Become a subscriber: https://www.statnews.com/stat-plus/
Watch Full Episodes: @statnews
Newsletters: https://www.statnews.com/signup/
STAT events: https://www.statnews.com/stat-events/
Facebook: Facebook: statnews
Twitter: Twitter: statnews
Instagram: Instagram: statnews
Flipboard: rb.gy/3xnsxr
STAT Reports: https://rb.gy/rexfwj
STAT eBooks: https://rb.gy/eme3h5
ABOUT STAT:
Founded in 2015, STAT is a global digital media brand that focuses on delivering fast, deep, and tough-minded journalism about the life sciences industries to over six million monthly site visitors and an additional 20 million readers on the Apple News app. STAT takes you inside academic labs, biotech boardrooms, and political backrooms, casting a critical eye on scientific discoveries, scrutinizing corporate strategies, and chronicling the roiling battles for talent, money, and market share. With an award-winning newsroom, STAT provides indispensable insights and exclusive stories on the technologies, personalities, power brokers, and political forces driving massive changes in the life sciences industry — and a revolution in human health.
But when a patient picks up that drug, the price they will be asked to pay at the counter takes center stage — and it depends on a complex combination of factors. Is it a brand-name or a generic drug? Does the patient have health insurance? If so, does that insurance cover the drug?
Also, how do health insurers decide which drugs to cover, and what amount they’ll cover?
We answer all of these questions in Part 2 of this series. The video outlines what pharmacy benefit managers, or PBMs, are; how formularies and rebates work; and how PBMs use them to mediate with drugmakers, health insurers, and pharmacies in ways that influence the cost of drugs.
More from STAT:
Become a subscriber: https://www.statnews.com/stat-plus/
Watch Full Episodes: @statnews
Newsletters: https://www.statnews.com/signup/
STAT events: https://www.statnews.com/stat-events/
Facebook: Facebook: statnews
Twitter: Twitter: statnews
Instagram: Instagram: statnews
Flipboard: rb.gy/3xnsxr
STAT Reports: https://rb.gy/rexfwj
STAT eBooks: https://rb.gy/eme3h5
ABOUT STAT:
Founded in 2015, STAT is a global digital media brand that focuses on delivering fast, deep, and tough-minded journalism about the life sciences industries to over six million monthly site visitors and an additional 20 million readers on the Apple News app. STAT takes you inside academic labs, biotech boardrooms, and political backrooms, casting a critical eye on scientific discoveries, scrutinizing corporate strategies, and chronicling the roiling battles for talent, money, and market share. With an award-winning newsroom, STAT provides indispensable insights and exclusive stories on the technologies, personalities, power brokers, and political forces driving massive changes in the life sciences industry — and a revolution in human health.
2 ماه پیش
در تاریخ 1403/03/23 منتشر شده
است.
1,061
بـار بازدید شده