Which of the following is a third party administrator of pharmacy benefits to several companies?
FDA
PPO
PBM
HMO
PBM
Rationale: A pharmacy benefit manager (PBM) is a third party administrator of pharmacy benefits to several companies. A PBM's duties include administrating prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans.
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Write the meaning of these commonly used abbreviations in medication orders. oz
What will be an ideal response?