Large Employers Launch PBM
An employer group is also starting a company to manage prescription-drug benefits as frustration mounts with the PBMs hired to control spending
EmsanaRx, a pharmacy benefit manager launched by the Purchaser Business Group on Health, started operations in January.
Tired of grappling with the rising costs and poor quality of healthcare, a coalition of major healthcare purchasers is taking things into its own hands, establishing a company that is designing healthcare products to meet its members’ needs. “There’s an incredibly high frustration level among buyers of healthcare,” says Elizabeth Mitchell, president and CEO of the Purchaser Business Group on Health (PBGH) in San Francisco.