Blog - Illinois Insurance Hotline

Information covered in the Illinois Insurance Hotline blog is intended to provide general information and guidance, and should not be considered legal advice.

What does the term PBM mean?

Feb 13, 2019, 9:45 AM

This is a health care term that stands for pharmacy benefit manager. Health insurers, self-insured employers, unions and government entities contract with pharmacy benefit managers for prescription medication assistance.

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