PBMI - Pharmacy Benefit Management Institute



Online Training

PBMI is excited to offer its NEW online program of training modules. These educational offerings will include knowledge that is critical to effective management of the drug benefit and HR. Each class includes a knowledge assessment quiz to help participants gauge their understanding.

Available Modules

  • PBM 101: Introduction to Pharmacy Benefit Management
    Approximate Length: 30 Minutes | $99
    This is a basic course for anyone new to the business-to-business aspects of drug benefit design and management. The course will cover:
    • An overview of Pharmacy Benefit Management (PBM) business operations and objectives
    • An in-depth discussion of the services that PBMs provide and why they are needed
    • The PBM revenue model—how PBMs make money

    This training program is designed for those with little to no familiarity with the PBM industry. It is the first in a series of training programs on pharmacy benefit management.

  • PBM 102: Introduction to Specialty Pharmacy Benefit Management
    Approximate Length: 40 Minutes | $99
    This course will:
    • Describe the clinical potential of specialty medications in the context of recent legislative and scientific developments
    • Explain why effective management of the specialty benefit is essential for plan sponsors today
    • Discuss pharmacy benefit management tools that can be used to help ensure that specialty drugs are both appropriately utilized and affordable
  • PBM 201: Plan Design for the Pharmacy Benefit
    Approximate Length: 50 Minutes | $159
    This course will provide an in-depth discussion of:
    • Appropriate cost-sharing strategies to encourage cost-effective utilization
    • Cost, access, and patient preference in mail and network pharmacy channels
    • Effective and clinically appropriate formulary management practices
  • PBM 202: Utilization Management Tools for the Pharmacy Benefit
    Approximate Length: 55 Minutes | $159
    This course will:
    • Define and explain why utilization management (UM) is important
    • Provide a detailed look at the features and effects of various UM tools
    • Examine how health plan enrollees respond to UM strategies
    PBM 203: Specialty Medical Management
    Approximate Length: 40 Minutes | $99 for a limited time
    This course will cover:
    • Which characteristics of specialty drug administration and billing pose challenges for medical benefit management
    • Why a focus on just a few drugs, patients, and settings can often yield enormous financial returns
    • Key questions that plan sponsors can use to identify specialty management opportunities
    • Best practices to decrease costs while maintaining or enhancing quality of care

Each module is designed for organizations involved in managing the drug benefit for group health.

Getting Started is Easy as 1-2-3

  1. Click Access PBMI online training to begin.
  2. Create a new account. If you have already created an account, click on the link in Step 1 and sign in with your email login and password. After you have created your account you will be directed to your Account Home Page. Click on the “Catalog” tab in the upper right corner to see a list of all courses available for purchase. (Note: the Catalog only shows courses available for purchase).
  3. Purchase the course*. After you have purchased the course, you will be directed to your Account Home Page and the course will be listed. If you have already purchased the course, but have not completed it, it will be listed on your Account Home Page when you log in.

That’s it, you are now ready to begin learning!

*PBMI Members Get Education Discounts

As a member of PBMI, you will receive a 10% discount off of each e-learning course. When you purchase your e-learning course, enter the discount code TRAIN10OFF.

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