PBM

Health and Fitness

Who is SpectrumPS the PBM for?

PBMs handle prescription drug benefits on behalf of health insurers, Medicare Part D prescription drug plans, major employers, and other payers. By negotiating with drug manufacturers and pharmacies to control drug spending, PBMs have a significant behind-the-scenes influence in determining total drug costs for insurers, shaping patients’ access to medications, and determining how much pharmacies are paid. PBMs have been…