Nationally, PBMs saved Medicaid $6 billion in 2016. These savings represent only a portion of the potential savings achievable if all states were to fully utilize PBM tools and capabilities, including:
Optimal use of pharmacy benefit management in Medicaid could save up to $8.5 billion in 2019. Over a decade, the new savings could exceed $100 billion – a 23 percent reduction in total Medicaid drug spending.
Data for States