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PBM Implementation

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Final thoughts

Final thoughts

Once a contract is in place, the PBM will begin implementing services. The following are some key considerations during the implementation process:

Data Integration: The PBM should work with the plan sponsor to ensure data is accurately and securely transferred between systems.

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Network Adequacy: The PBM must ensure that the pharmacy network is adequate to provide members with medication access.

Member Communications: The PBM should inform members about the new benefits and any changes to their prescription drug coverage.

ProviderEducation: The PBM should educate providers about the new benefits and how to access information related to the pharmacy benefit.

Performance Monitoring: The PBM should monitor performance regularly to ensure that services are delivered as agreed upon in the contract.

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