Pharmacy Benefit Managers (PBMs) are often discussed in terms of cost – but their value extends far beyond savings. On average, PBMs help patients and employers save over $1,100 per person each year by negotiating drug prices, encouraging lower‑cost alternatives, and managing high‑cost specialty medications. Across the system, that translates into hundreds of billions of dollars in annual economic value for Americans.
At the same time, PBMs play a critical role in patient safety. By seeing across a patient’s full medication history, PBMs run thousands of real‑time checks on every prescription to prevent dangerous drug interactions, duplicate therapies, and dosing errors – often in less than a second.
In a fragmented healthcare system, PBMs help connect the dots – lowering costs while protecting patients. That combination of affordability and safety is foundational to sustainable pharmacy benefits.