Founded in 2005 by Linda Cahn – the attorney who initiated the first class action litigation against PBMs in the nation – Pharmacy Benefit Consultants provides a unique combination of legal, clinical and financial expertise.
Some of our clients are small, with only a few thousand beneficiaries. Most are far larger, providing coverage to tens of thousands – or hundreds of thousands – of beneficiaries. Many of our clients are Fortune 500 corporations and insurance companies.
Regardless, we consistently reduce our clients’ costs by more than 10% by putting in place an airtight and innovative PBM contract. Thereafter, when we provide ongoing services that take advantage of our contract innovations, our clients’ costs decrease by 15% to 33%, depending on the number of recommendations our clients implement. We also provide several other services, including: analyzing existing PBM contracts, negotiating new PBM contracts and amendments, performing audits, providing litigation advice, conducting in-depth claims data analyses and making drug recommendations to reduce our clients’ costs.
Recently, Pharmacy Benefit Consultants also founded a new Coalition – The National Prescription Coverage Coalition. Our Coalition enables Plans to avoid conducting their own costly PBM RFPs. Instead, Plans can quickly join our Coalition and take advantage of an already-negotiated PBM contract that is the strongest PBM-client contract in the nation, with more than 1,000 price guarantees. Coalition Members also obtain ongoing and continuous services from our firm’s clinical and financial experts, who regularly provide individualized recommendations to every Coalition Member.
Talk to our clients and our Coalition Members. You’ll understand how your Plan can dramatically decrease and thereafter control its prescription coverage costs – and ensure your Plan beneficiaries use drugs more wisely – when you retain Pharmacy Benefit Consultants or decide to join our Coalition.