UNC Health’s Initiative to Combat Rising Drug Costs
Understanding the Rise of Drug Costs
Drug costs have surged dramatically over the years, leading healthcare providers to seek innovative solutions. This is where the role of pharmacy benefit managers becomes critical.
UNC Health’s Bold Move
In response to these escalating costs, UNC Health has decided to take a transformative step by establishing its own pharmacy benefit manager (PBM).
Benefits of UNC's PBM
- Lower medication prices: UNC Health is committed to sourcing drugs for the lowest possible prices.
- Passing savings to patients: The newly launched PBM will focus on patient savings instead of chasing rebates.
- Streamlined processes: This move is aimed at simplifying the pharmaceutical benefits landscape for patients.
Conclusion: A New Era in Drug Cost Management
With its own PBM, UNC Health is setting a precedent in drug cost management, making strides towards affordable medication for all.
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