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    Pharmacy Benefit Management Services Companies

    ID: MRFR/HC/6374-HCR
    200 Pages
    Rahul Gotadki
    October 2025

    Pharmacy Benefit Management (PBM) services play a crucial role in the healthcare industry by managing and optimizing prescription drug benefits for various stakeholders, including insurers, employers, and individuals. PBMs work to streamline the prescription drug supply chain, control costs, and enhance the quality of healthcare services.

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    Top Industry Leaders in the Pharmacy Benefit Management Services Market

    Pharmacy Benefit Management Services MarketLatest Pharmacy Benefit Management Services Companies Update

    Jan 2023: The Puerto Rico Health Insurance Administration (ASES) oversees managing the Medicaid program Vital, and Abarca is the pharmacy benefit manager (PBM) for that program. Abarca started its contract on May 1st this year, having been chosen in January and having completed its implementation in 10 days.


    Oct 2023: With its Aetna CVS Health co-branded insurance plan, Aetna, a CVS Health subsidiary, is joining the Maryland individual insurance exchange market and giving more people in Maryland access to affordable healthcare. To help members attain their best health, Aetna CVS Health Individual and Family Plans mix the high-quality health insurance coverage of Aetna® with affordable care features offered at CVS Pharmacy® locations. Members can also access Aetna's network of primary care physicians, mental health providers, specialists, and hospitals. Members who present their ID card with a savings barcode will receive 20% off CVS Health brand items at CVS. For Aetna, this ID card combines discounts from over-the-counter, pharmacy, medical, and retail sources in a novel way. Members will have access to Aetna's network of hospitals, specialists, mental health providers, and primary care physicians following the introduction of these plans. Additionally, easily accessible, reasonably priced care lowers obstacles to care.List of Pharmacy Benefit Management Services Key companies in the market

    • Abarca Health LLC

    • CVS Health

    • Express Scripts

    • Humana Pharmacy Solutions

    • Magellan Rx Management

    • McKesson Corporation

    • Medimpact Healthcare

    • MeridianRx

    • OptumRx (UnitedHealth)

    • Prime Therapeutics

    • Sea Rainbow

    • Vidalink