Our Canadian online pharmacy here has been very fortunate to be able to build strong working relationships with pharmaceutical wholesalers, and one of the things that is  different about us is that our reach with this is International. As an example, no one needs to be told that weight loss injections for obesity aren’t easy to get at a lot of storefront  pharmacies in the USA, and just because you have a prescription for one doesn’t mean the pharmacy is able to fill it. And it’s not just individual customers that can benefit from those arrangement. It’s from that angle that we can look at what is PBM in pharmacy.

PBM stands for pharmacy benefit manager, and a PBM is a 3^rd-party administrator of prescription drug programs for different types of plans for Rx drug coverage in both the USA and Canada. The fact that our online pharmacy is operating from the North of the border but still able to fill US prescriptions is a big part of why you can get better prices on drugs ordered from Canada. The same factors that make that possible are also the ones that make it a smart choice to have Canada Drugs Direct as your pharmacy benefit manager, and that’s we’re going to explain through the remainder of this blog.  

The reason it’s a smart choice is all about better supply chain logistics for pharmaceuticals, and what your PBM will do is deal with negotiations and payments throughout the supply chain. Good ones will negotiate aggressively, and that’s why you’ll get better prices when you work with a PBM in pharmacy. They are hugely beneficial for drug manufacturers, wholesalers, pharmacies, and health insurance providers. Of those 4 benefit recipients it is health insurance providers that may be especially keen to work with Canada Drugs Direct.  

In Volume, For Less 

Plan providers in the US may be feeling the sting of high prescription drug prices even more than anyone else, and that’s simply because of the vast number of them they are responsible for sourcing and providing to plan members at – ideally – somewhat reasonable end-user costs. That’s increasingly difficult because the price of Rx medications in the USA continues to go up, and buying them in volume from certain pharma wholesalers isn’t the fix to the problem it used to be. But acquiring a PBM in pharmacy can be.  

These health care plan providers can and should consider Canada Drugs Direct and sign up as an affiliate pharmacy partner to have us serving as their benefit manager. We have the means of offering the lowest wholesale cost for medications and there all sorts of other gains to be had when you tap into our mainframe and expand your pharmacy operations in the best way possible. We’ve gone over the basics of what you’d want to know with what is PBM in pharmacy.