UNC Health's Innovative Approach to Rising Drug Costs with Its Own PBM

Wednesday, 11 September 2024, 22:00

UNC Health has launched its own pharmacy benefit manager to address rising drug costs. This initiative aims to provide patients with access to medications at the lowest possible prices, effectively passing along significant savings. By sidestepping traditional rebate systems, UNC Health focuses on transparency and affordability in medication access.
LivaRava_Medicine_Default.png
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.

For further details, please visit the source.


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.


Related posts


Newsletter

Subscribe to our newsletter for the most accurate and current medical news. Stay updated and deepen your understanding of medical advancements effortlessly.

Subscribe