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Rebate

Rebate

7

A discount given by a drug manufacturer to a PBM in exchange for formulary placement.

Outline

Why PBM rebates still matter to employers in 2025 and 2026
- What a rebate lowers, and what it does not
- Why transparency is the real driver of savings
How pass-through rebate models help employers keep more of the savings
- What to ask for in a pass-through PBM contract
- When pass-through is better, and when it still needs a closer look
How to audit PBM rebates and make sure they match actual utilization
- The data points that matter most in a rebate audit
- Red flags that may point to missed savings or weak contract terms
A smarter PBM rebate strategy looks beyond rebates alone
- How leadership teams can align HR, finance, and advisors around pharmacy savings
- Simple next steps employers can take before their next PBM renewal

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