Report: PBMs Have Long Discussed End of Rebates

from tHEORetically Speaking: The HealthEconomics.Com Blog at http://bit.ly/2Wj9x7i on April 30, 2019 at 04:26PM

Experts say a market without drug rebates has been a topic of much discussion for some time among pharmacy benefit managers, FierceHealthcare reports.

“We’ve been talking about rebates going away for a long, long time,” Navitus Health Solutions Sales and Marketing Senior Vice President Byron Mickle tells FierceHealthcare. “We would prefer that — but from a competitive standpoint you have to stay relevant.”

According to the report, a panel at the World Health Care Congress discussed how a scrapping the rebate model could help bolster efforts on other fronts, including reducing specialty drug costs.

To read the full report on FierceHealthcare, click here.