PBM Buyers Group

The PBM Buyers Group began over a decade ago with a mission of offering employers the negotiating power to purchase pharmacy benefits and services at discounted pricing. As a leader in PBM Group Purchasing Solutions, MBGH works with other coalitions and offers a collective strategy for Rx benefits. 

A highlight is that your own company's individual approach is maximized within the context of group purchasing. Plan sponsors will get the most from the PBM relationship, while implementing their own plan design strategies, managing vendors or working through established  consultants. 

By engaging with best-in-class suppliers – CVS Health and OptumRx – the PBM group purchasing solution provides market-leading pricing and terms.    

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Our PBM program at a glance:  

  • 172 individual plan sponsors headquartered in 33 states 
  • Covers nearly 700,000 lives in all 50 states, the District of Columbia, Puerto Rico and Guam  
  • Collectively spends a projected $1 billion on pharmaceuticals 
  • Annual contract benchmarking and claim audit through an independent third party auditor

 

Download PBM Buyers Group Flyer

 

To learn more about the PBM Buyers Group, contact Judy Hearn, jhearn@mbgh.org