Every manager is going to be managing something, and with nearly every example of one their efforts ensure that whatever it is goes much more smoothly and the shortest distance between A and B is found and followed. People will appreciate their managers for this reason, but when it comes to pharmaceuticals and prescription medication those advantages may not be as easy to ascertain. This leads to what are pharmacy benefit managers, and that’s what we’re going to look at with this blog entry.

A pharmacy benefit manager 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. It’s very advantageous for organizations – including health care plan providers – to have a pharmacy serving as their PBM and there are a number of very clear advantages that come with that. The first and foremost of them is access to more affordable Rx medications. But that will only be the situation if your PBM is a pharmacy in Canada.  

It's for this reason that Canada Drugs Direct is as highly recommended as it is with what are pharmacy benefit managers. Not only is it more affordable to order medication online from Canada and from any pharmacy here, but what makes us the better choice is also in the way that we have favorable sourcing arrangements with medication wholesalers that allow us to provide even lower prices on medications. We’re also able to meet quantity needs, and that’s something that a lot of other online pharmacies in Canada will not be able to do to the same extent.  

Nice Negotiators  

We’ll get back to the advantages of Canadian online pharmacies as PBMs for Americans, but continuing with what are pharmacy benefit managers we’ll go back a ways and talk more about the role they serve for different interest groups. Leveraging is probably the word that best describes what they do, as pharmacy benefit managers use networks and purchasing power to negotiate lower drug prices with pharmaceutical manufacturers and pharmacies. There’s more to how pharmacy benefit managers work, and it’s not unlike how a travel agent makes travel more affordable for people.  

This is an extensive topic and one that likely can’t be covered sufficiently in just one blog entry. What we can say is that those who want to know more about what is a pharmacy benefit manager and what working with a PBM involves are encouraged to visit our partner pharmacy page to get very specific information about all of the advantages we have for sourcing medication and dispensing it at lower prices for any quantity of it.  

Not all online pharmacies in Canada are licensed to ship pharmaceuticals to all 50 states plus DC, and the fact we are makes us an even better choice to serve as your pharmacy benefits manager. If you’d like to know anything more that’s connected to what are pharmacy benefit managers then one of our business development people will be happy to contact you.