PBMs Encourage Generics to Mitigate Shortages
When the COVID-19 pandemic first gripped the U.S., supply chain lines of every product, from consumer electronics to textiles, were disrupted by stay-at-home orders, shutdowns, and other government action. For millions of Americans, those disruptions resulted in significant concern over their prescription medications.
PBMs are working with other health care leaders and government officials at the local, state, and federal levels to prevent prescription drug shortages. But, if a shortage for a specific medication does occur, PBMs will work with the patient, his or her prescriber, and his or her health provider to identify a covered alternative, often a lower-cost generic drug with comparable effects.
In an effort to prepare for the possibility of a prescription medication shortage, PBMs are already working with patients across the country to refill their prescriptions early.
Learn more about the steps PBMs are taking to support the 266 million patients they serve.
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Pharmacy benefit managers (PBMs) are your advocates in the health care system, working to lower out-of-control prescription drug costs for patients across the country.