Pharmacy Benefit Management
The best pharmacy benefit managers (PBMs) are not always the biggest; they are the ones that make prescription drug costs easier to manage and understand. Our PBM, Pharmastar, has been supporting Programs of All-Inclusive Care for the Elderly (PACE) organizations and providing full-service pharmacy benefits for more than 25 years.
Pharmacy management services from Pharmastar alleviate the burdens of expanded reporting and requirements of Medicare Part D, offer a wealth of PACE-educational materials and information, and provide full access to an organization’s raw data, as well as regular and ad hoc utilization and financial reports.
Commercial employers and health plans
The PBM solutions offered by Pharmastar are based on an understanding of the daily challenges and competing priorities that commercial insurers face. These services focus on flexibility, high-touch services, and low net costs for organizational success. Plan financial audit support is more important than ever. Pharmastar assists its clients through the audit process every step of the way.
“We are a newer PACE plan, and Pharmastar was instrumental during our start-up with giving us a level of comfort related to Part D. They explained [and] reviewed [the] requirements with us until we understood what was expected. They were—and still remain—extremely patient as we continue to learn the process.”– Stacey Newton, Executive Director, Saint Joseph PACE