A few years ago I created a handful of videos to help educate the public on Pharmacy Benefits Managers (PBM) and their relationship to pharmacy practice. In order to understand the prescription dispensing process in the United States, it is important to know how the insurance industry works. While the relationship between PBM’s and pharmacies is complex, most of the general public does not understand the process for getting a prescription in the US. My hope is that these videos will help patients, practitioners, and politicians better comprehend our system and how it influences the economics of pharmacy.

PBM 101 – Basic introduction to the third party system.

PBM 102 – Spread pricing

PBM 103 – Drug rebates to benefits managers

PBM 104 – Pharmacy networks

PBM 105 – Mail order pharmacy