Pharmacy Technician

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

The salary range for a Pharmacy Technician in Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds typically varies based on factors such as experience, location, and qualifications. On average, the salary range for a Pharmacy Technician in this field is between $30,000 and $50,000 per year.

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

Job Description:

A Pharmacy Technician In Pharmacy Benefit Management And Other Third Party Administration Of Insurance And Pension Funds Plays A Crucial Role In Ensuring The Smooth Operation Of Pharmacy Services And Supporting The Administration Of Insurance And Pension Funds. They Work Under The Supervision Of A Licensed Pharmacist To Perform A Variety Of Tasks Related To Medication Dispensing, Inventory Management, Customer Service, And Administrative Duties.

Job Objective:

The Primary Objective Of A Pharmacy Technician In This Role Is To Assist The Pharmacist In Providing Quality Pharmaceutical Care To Patients, Ensuring Accurate Medication Dispensing, And Maintaining Compliance With Regulatory Guidelines. They Contribute To Optimizing Medication Therapy Management, Improving Patient Outcomes, And Supporting Cost-Containment Strategies.

Job Requirements:

1. High School Diploma Or Equivalent Education. 2. Completion Of An Accredited Pharmacy Technician Program. 3. State Licensure Or Certification As A Pharmacy Technician (If Required). 4. Strong Knowledge Of Pharmacy Operations, Drug Classification Systems, And Medical Terminology. 5. Proficiency In Computer Systems And Pharmacy Software For Prescription Processing And Inventory Management. 6. Excellent Communication And Interpersonal Skills To Interact With Healthcare Professionals, Patients, And Insurance Providers. 7. Attention To Detail And Accuracy In Medication Preparation, Labeling, And Record-Keeping. 8. Ability To Work Effectively In A Fast-Paced, Team-Oriented Environment. 9. Knowledge Of Insurance And Pension Fund Administration Processes (Preferred). 10. Understanding Of Hipaa Regulations And Patient Privacy Protection.

Job Responsibilities:

1. Assist Pharmacists In Dispensing Medications Accurately And Efficiently. 2. Perform Medication Order Entry, Prescription Processing, And Insurance Claims Adjudication. 3. Maintain Inventory Control And Order Supplies As Needed. 4. Provide Exceptional Customer Service By Addressing Patient Inquiries And Resolving Issues. 5. Collaborate With Healthcare Professionals To Ensure Appropriate Medication Therapy Management. 6. Maintain Patient Records And Privacy In Compliance With Regulatory Guidelines. 7. Support The Administration Of Insurance And Pension Fund Processes. 8. Assist In The Development And Implementation Of Cost-Containment Strategies. 9. Ensure Adherence To Quality Assurance Standards And Perform Routine Medication Storage Inspections. 10. Stay Updated With Industry Trends, New Medications, And Regulatory Changes.

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

1. ABC Pharmacy Benefit Management - HQ: New York City, USA - Website: www.abcpharmacybenefit.com 2. XYZ Insurance and Pension Fund Administrators - HQ: Chicago, USA - Website: www.xyzinsurance.com 3. PQR Health Solutions - HQ: Los Angeles, USA - Website: www.pqrhealthsolutions.com 4. LMN Pharmacy Services - HQ: Houston, USA - Website: www.lmnpharmacy.com 5. PharmacyFirst Benefit Management - HQ: Philadelphia, USA - Website: www.pharmacyfirst.com 6. Global Insurance Administrators - HQ: London, UK - Website: www.globalinsuranceadmin.co.uk 7. HealthCareRx Solutions - HQ: Toronto, Canada - Website: www.healthcarerx.ca 8. MedLife Benefit Managers - HQ: Sydney, Australia - Website: www.medlifebenefit.com.au 9. PharmaCare Administrators - HQ: Paris, France - Website: www.pharmacareadmin.fr 10. SecureHealth Insurance Services - HQ: Munich, Germany - Website: www.securehealthins.com

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

1. Pharmacy Technician Trainee (Recommended: 1-2 years) - Obtain basic knowledge of pharmacy operations and medication dispensing. - Assist pharmacists with routine tasks and customer service. - Complete required training programs. 2. Certified Pharmacy Technician (Recommended: 2-3 years) - Obtain pharmacy technician certification or licensure (if required). - Gain experience in prescription processing, inventory management, and insurance claims. - Develop strong knowledge of drug classification systems and medical terminology. 3. Pharmacy Technician Supervisor or Lead Technician (Recommended: 3-5 years) - Demonstrate leadership skills in overseeing a team of pharmacy technicians. - Assist in training and mentoring new technicians. - Coordinate workflow, prioritize tasks, and ensure compliance with regulations. 4. Pharmacy Benefit Manager (Recommended: 5-8 years) - Obtain a bachelor's degree in pharmacy, healthcare administration, or related field (recommended). - Gain expertise in pharmacy benefit management and insurance/pension fund administration. - Assume responsibilities for managing pharmacy benefit programs, formulary development, and cost-containment strategies.

Top 5 Countries by Pharmacy Technician 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