Salary Range for Clinical Pharmacist in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

The salary range for a Clinical Pharmacist in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds typically falls between $90,000 and $130,000 per year.

Sample Job Description for Clinical Pharmacist in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds Industry

Job Description:

A Clinical Pharmacist In Pharmacy Benefit Management And Other Third Party Administration Of Insurance And Pension Funds Plays A Crucial Role In Ensuring The Safe And Effective Use Of Medications Within The Organization. They Work Closely With Healthcare Providers, Insurance Companies, And Patients To Optimize Medication Therapy And Manage Drug-Related Issues.

Job Objective:

The Primary Objective Of A Clinical Pharmacist Is To Provide Pharmaceutical Care By Reviewing And Analyzing Medication Orders, Assessing Patient Profiles, And Making Appropriate Recommendations To Improve Patient Outcomes And Control Costs. Their Expertise In Drug Utilization Management, Formulary Development, And Clinical Guidelines Helps To Enhance The Overall Quality Of Healthcare Services. Job Requirements (At Least 10): 1. Bachelor'S Degree In Pharmacy (Pharm.D.) Or Equivalent. 2. Active Pharmacist License In The State Of Practice. 3. Prior Experience In Clinical Pharmacy Or Managed Care Settings. 4. In-Depth Knowledge Of Pharmacy Benefit Management And Insurance Regulations. 5. Proficiency In Using Pharmacy Software Systems And Electronic Health Records. 6. Strong Analytical And Problem-Solving Skills. 7. Excellent Communication And Interpersonal Skills. 8. Ability To Work Collaboratively In A Multidisciplinary Team. 9. Detail-Oriented With A Focus On Accuracy And Patient Safety. 10. Continuous Learning And Staying Updated With The Latest Developments In Pharmacy Practice. Job Responsibilities (At Least 10): 1. Conduct Medication Reviews And Provide Recommendations For Therapy Optimization. 2. Collaborate With Healthcare Providers To Resolve Medication-Related Issues And Ensure Appropriate Medication Use. 3. Perform Drug Utilization Reviews And Develop Strategies To Improve Cost-Effectiveness. 4. Evaluate Medication Adherence And Implement Interventions To Improve Patient Compliance. 5. Participate In Formulary Management, Including Drug Selection And Therapeutic Interchange Programs. 6. Develop And Maintain Clinical Guidelines And Protocols For Medication Therapy Management. 7. Monitor And Assess Medication-Related Outcomes And Adverse Events. 8. Provide Drug Information And Education To Healthcare Professionals, Patients, And Insurance Providers. 9. Assist In The Development And Implementation Of Medication Utilization Strategies To Control Costs. 10. Stay Informed About Emerging Therapies And New Drug Approvals To Support Evidence-Based Decision-Making.

Top 10 Employers for Clinical Pharmacist in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds:

1. OptumRx - HQ: Eden Prairie, Minnesota, USA - Website: www.optumrx.com 2. Express Scripts - HQ: St. Louis, Missouri, USA - Website: www.express-scripts.com 3. CVS Health - HQ: Woonsocket, Rhode Island, USA - Website: www.cvshealth.com 4. Humana - HQ: Louisville, Kentucky, USA - Website: www.humana.com 5. Cigna - HQ: Bloomfield, Connecticut, USA - Website: www.cigna.com 6. Aetna - HQ: Hartford, Connecticut, USA - Website: www.aetna.com 7. UnitedHealth Group - HQ: Minnetonka, Minnesota, USA - Website: www.unitedhealthgroup.com 8. Anthem, Inc. - HQ: Indianapolis, Indiana, USA - Website: www.antheminc.com 9. Prime Therapeutics - HQ: Eagan, Minnesota, USA - Website: www.primetherapeutics.com 10. Magellan Health - HQ: Scottsdale, Arizona, USA - Website: www.magellanhealth.com

Career Path for Clinical Pharmacist in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds:

1. Bachelor's degree in Pharmacy (Pharm.D.) or equivalent. 2. Staff Pharmacist (2-3 years) 3. Clinical Pharmacist (3-5 years) 4. Senior Clinical Pharmacist (5-7 years) 5. Clinical Pharmacy Manager (7-10 years) 6. Director of Clinical Pharmacy Services (10+ years)

Top 5 Countries by Clinical Pharmacist in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds:

1. United States 2. Canada 3. United Kingdom 4. Australia 5. Germany

Top 5 Countries with Established Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds:

1. United States 2. Canada 3. United Kingdom 4. Australia 5. Germany
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