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Pharmacy Benefit Managers: Early Results on Ventures With Drug Manufacturers

HEHS-96-45 Published: Nov 09, 1995. Publicly Released: Nov 09, 1995.
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Highlights

Pursuant to a congressional request, GAO reviewed mergers between pharmacy benefit managers (PBM) and pharmaceutical manufacturers, focusing on: (1) PBM role in the health care industry; (2) the mergers' objectives and effect on competition; and (3) the extent to which PBM have given preference to their manufacturer partners' drugs.

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CompetitionCorporate mergersCost controlDrugsEmployee medical benefitsHealth insuranceManaged health careMonitoringPharmaceutical industryRestrictive trade practicesSales promotion