Crimson Publishers Publish With Us Reprints e-Books Video articles

Abstract

Examines in Physical Medicine & Rehabilitation

Providing Fair Payment for Prescription Medications in the United States

  • Open or CloseMichael M Costello*

    Department of Health Administration/Human Resources, University of Scranton, USA

    *Corresponding author:Michael M Costello, Department of Health Administration/Human Resources, University of Scranton, USA

Submission: February 03, 2020; Published: February 11, 2020

DOI: 10.31031/EPMR.2020.02.000551

ISSN: 2637-7934
Volume 3 Issue 1

Abstract

With US health care costs now approaching $3 trillion per year, strenuous efforts to restrain cost growth continue to focus the efforts of policymakers at the federal and state levels. With pharmaceuticals contributing about 20% of total domestic health expenditures, pharmaceuticals are a natural target of cost control efforts. A primary means of attempting to control pharmaceutical costs in the use of Pharmacy Benefit Managers (PBMs), intermediary firms which function as go-betweens in the payer-provider relationship. Medicare, most state Medicaid programs, and many private managed care organizations use PBMs to manage pharmaceutical use for their beneficiaries

Get access to the full text of this article


About Crimson

We at Crimson Publishing are a group of people with a combined passion for science and research, who wants to bring to the world a unified platform where all scientific know-how is available read more...

Leave a comment

Contact Info

  • Crimson Publishers, LLC
  • 555 Madison Avenue, 5th floor
  •     New York, NY 10022, USA
  • +1 (929) 600-8049
  • +1 (929) 447-1137
  • info@crimsonpublishers.com
  • www.crimsonpublishers.com