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DEPARTMENT BUDGET & MANAGEMENTLARRY HOGAN GovernorDAVID R. BRINKLEY SecretaryBOYD K. RUTHERFORD Lieutenant Governorate L. NICOLE Deputy Secretary Amendment #4 to Request for Proposals (RFP) NO. F10B6400005R
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Pharmacy benefit management services involve the administration and management of prescription drug benefits for health insurance plans.
Pharmacy benefit managers (PBMs) are required to file pharmacy benefit management services.
Pharmacy benefit management services can be filled out electronically using the designated platform provided by the regulatory body.
The purpose of pharmacy benefit management services is to ensure cost-effective and efficient delivery of prescription drugs to insured individuals.
Information such as drug utilization data, rebate agreements, formulary management, and claims processing must be reported on pharmacy benefit management services.
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