UNC Health's Innovative Approach to Rising Drug Costs with Its Own PBM
UNC Health's Response to Rising Drug Costs
In response to the alarming increase in drug prices, UNC Health has initiated a significant reform by starting its own pharmacy benefit manager (PBM). This pioneering move aims to tackle the challenge of soaring drug costs directly.
Objectives of the New PBM
- Reduce drug prices for patients.
- Enhance transparency in drug pricing.
- Avoid the complexities of traditional rebate-driven systems.
Benefits for Patients
UNC Health's PBM focuses on ensuring that patients receive medications at lower prices, thus alleviating some of the financial burdens associated with high drug costs.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.