Managed Healthcare Executive September 6, 2025
Peter Wehrwein, Managing Editor

Employers are shopping around, according to panelists at a session at the 2025 PBMI meeting in Orlando. Transparency and a “true partnership” are among the attributes they are looking for.

Instead of just settling for one of the “big 3,” an increasing number of employers are beginning to shop around for pharmacy benefit managers (PBMs). Panelists at a session on the “employer mindset” at the 2025 Pharmacy Benefit Management Institute (PBMI) Annual National Conference said employers want transparency, partnership and out-of-the-box thinking from PBMs.

“It is a balancing act, for sure,” said Karen van Caulil, Ph.D., president and CEO of the Florida Alliance for Healthcare Value, a purchasers’ coalition, noting the importance of affordability for the health plan and access...

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