Manufacturer rebate dollars represent a substantial portion of the underlying financial equation impacting prescription costs these days. Plan sponsors need to validate this complex component as they require greater transparency in their PBM relationship.
Caribou Systems has the expertise and technology to assist payers in evaluating rebate receivables including validation of minimum per claim rebate guarantees, client share of pass through rebates, and PBM’s annual reconciliation of final rebate payments. Our detailed reconciliation process ensures that our clients receive all eligible rebates based on plan utilization, clinical program restrictions, and contracted pass through share of rebates and administrative fees, as applicable.