Pharmacy Benefits Managers, or PBMs, are for-profit companies that manage prescription drug benefits on behalf of health insurers, Medicare Part D drug plans, large employers, and other payers.

PBMs’ practices often lead to patients paying more for prescription medications and supermarket pharmacies having to close their doors. Some supermarkets have had to sell their pharmacies while others have had to shutter, resulting in 2,200 pharmacies closing in 2019 alone and leading to significantly reduced access for consumers.

Guiding Principles

Patient choice of pharmacy

Patient access to lowest out of pocket cost medication

Fair & transparent reimbursement to pharmacies in both commercial and government plans

Full transparency for employers/plan sponsors

Who We Are

Our coalition includes patient advocacy organizations, prescriber organizations, pharmacy organizations (including chain, independent community, grocery, specialty, and other retail pharmacies) employer-sponsored health groups, business organizations, and other stakeholders.

Downloadable Onesheet on the Coalition for PBM Reform