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Illinois PBMs are Working to Reduce Prescription Drug Costs for Millions of Illinoisans

PBMs are the only members of the prescription drug supply chain that are working to lower drug costs. Over 10 years, PBMs will save Illinois health plan sponsors, public programs, and patients nearly $40 billion on prescription drug costs.
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Over the next 10 years, PBMs will save Illinois patients a total of $39.3 Billion.
Source: The Return on Investment (ROI) on PBM Services

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How Do PBMs Work?

Pharmacy Benefit Managers (PBMs) advocate on behalf of patients and payers to reduce prescription drug costs, expand access, and improve patient outcomes.

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Cost Savings & Rebates

Rebates are one way PBMs work to bring down health care costs for patients like you. By negotiating directly with drug manufacturers, PBMs save an average of $962 per patient, per year.

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Care Coordination

Health care can be complicated, but fortunately, you have an ally #OnYourRxSide. PBMs are your advocate in the health care system. PBMs work with your entire health care team to coordinate your care, prevent potentially hazardous interactions, and keep you safe.

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Home Delivery

Mail-service pharmacies are safe, reliable, and help patients stick to their drug regimens. By expanding access to home delivery of prescription drugs, PBMs save you a trip to the pharmacy.

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Formularies

Formularies are lists of drugs that a health plan uses as part of its pharmacy benefit. These lists help patients avoid unsafe medications that may not interact well with other prescriptions, prevent expensive or ineffective drugs from being prescribed to patients, and improve patient outcomes by reducing physician or ER visits.

When PBMs Succeed, Patients Receive Accessible, Affordable Prescriptions

PBMs play an essential role in patients receiving quality health care. PBMs partner with other health care providers to protect drug supply chains and help keep patients healthy.

As more information becomes available about COVID-19 vaccines, navigating it all can be a challenge for those seeking their turn in line. PBMs have experience helping patients access prescription drugs. As patients and families have questions about where to get a vaccine, when to receive their shot, or even if they qualify, PBMs are taking action to support national, state, and local COVID-19 vaccination efforts.

#OnYourRxSide During COVID-19

Read more about how PBMs protect patient access to prescription drugs during the COVID-19 pandemic.

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Stay up to date on your healthcare savings.

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Read more about how PBMs are #OnYourRxSideIL

PBMs serve a critical role in the health care system: advocating for our patients and payers.

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Better Access. Better Cost. Better Health.

PBMs are advocates for Illinoisans in the health care system, working to lower out-of-control prescription drug prices for patients, and acting as your care coordinators to keep you safe and healthy.
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