Health Care

Health issues impact both the quality of life of our citizens and the effectiveness of our workforce. The State Chamber of Oklahoma Research Foundation studies key metrics related to the health of our citizens and the accessibility of our health care services.



Issue Brief: Pharmacy Benefit Managers

Issue Brief: Pharmacy Benefit Managers

April 04, 2019

Healthcare coverage for employees represents a large and ever-increasing cost to business owners in Oklahoma. The causes for the increasing costs of healthcare are multiple and complex, but the growth of drug prices coupled with increasing demands for prescription drugs are important driving forces behind this trend. Pharmacy Benefit Managers (PBMs) are firms that negotiate with drug manufacturers, insurance providers, and pharmacies to lower the price of prescription drugs for individuals.