Payers use a variety of strategies to regulate what medications are provided through their pharmacy benefit in order to both mitigate their costs and improve the quality of consumer health care. There are multiple approaches payers use to mitigate costs. These strategies often overlap, creating a very complex national landscape for prescription medication reimbursement policy and practices. The focus of this market intelligence report is Medicaid plan approaches to managing pharmacy benefits and PDL management.
For the 65-plus state Medicaid programs, we have analyzed each state Medicaid plan’s approaches to pharmacy benefit management. The report provides a reference . . .