The Regence Blue Cross Blue Shield of Oregon’s PBM is who?
The pharmacy benefit manager services for Regence members are provided by Prime, a distinct and independent business. The biggest three pharmacy benefit managers (PBMs)—Caremark (CVS Health), Express Scripts (Cigna), and OptumRx (United Health Group)—have once more increased the number of drugs they exclude from their standard formularies for 2023.The six biggest pharmacy benefit managers (PBMs) in the country are the subject of an investigation by the Federal Trade Commission (FTC). Among the PBMs being pursued are CVS Caremark, Express Scripts, OptumRx, Humana, Prime Therapeutics, and MedImpact Healthcare Systems.FAQs about pharmacy benefit managers (PBMs) | ETF. Insurance Drawer Open. Drugstores and health. Every Insurance.A group of businesses that act as middlemen between insurance providers, pharmacies, and drug manufacturers is referred to as the pharmacy benefit management (PBM) industry. Lower drug costs for insurers and insurance firms are secured by PBMs.