PBM definition

PBM means the independent pharmacy benefit manager that contracts with BCBSAZ to administer the prescription medication benefits covered under this benefit plan.
PBM means a pharmacy benefit management company.

Examples of PBM in a sentence

  • If Client desires to participate in the Formulary differently than as provided by Meritain, Client shall identify the nature and extent of such changes or deviations in the PBM Documents provided by Meritain, and such deviations and/or changes must be agreed upon by both parties in writing.

  • The discounts set forth in the PBM Schedule represent an aggregate estimate that may be realized by Client, as measured annually, on a component basis for all participating groups that are contracted with Meritain to provide pharmacy benefit management services.

  • Under the Exclusive Network Specialty Products option, Specialty Products may only be filled through a Specialty Pharmacy and are not available through either Retail Pharmacies or Mail Service Pharmacies, unless Client elects in the PBM Documents the option to allow for a one-time only fill of a Specialty Product at a Retail Pharmacy.

  • Xxxxxx Name: Title: Regional President Title: Date: March 01, 2024 Date: PHARMACY BENEFIT MANAGEMENT SERVICES SCHEDULE Subject to the terms and conditions of this Agreement including without limitation this Pharmacy Benefit Management Services Schedule (this “PBM Schedule”), the pharmacy benefit management services (the “PBM Services”) with respect to Client’s PBM Plan (as hereinafter defined) are described below.

  • Client acknowledges and agrees that it shall participate in the Formulary as offered by Meritain, provided however, such Formulary is subject to change at PBM Vendor’s sole discretion due to various factors, including without limitation market conditions, clinical information or cost.


More Definitions of PBM

PBM means a pharmaceutical benefits manager which has entered into an agreement with an Originator to make payments as agent for various insurers and other Persons, on account of pharmaceutical goods sold by such Originator.
PBM means a pharmacy benefits manager as defined in T.C.A. § 56-7-3102.
PBM means pharmaceutical benefit management company or pharmacy administrator designated by the Administration to manage the pharmacy administrative services under the Pilot Program.
PBM means the combination of
PBM means Princeton BioMeditech Corporation, as identified above, and its Affiliate entities.
PBM. The term "PBM" shall mean a pharmacy benefits manager.