PBM Consulting - About Us

WBC was founded in 1991 to provide the "best in class” fee-based employee benefit consulting and specialized in three consulting areas: medical plans, pharmacy benefits, and human resource management. We stressed independence, objectivity and industry expertise. It was an approach that aligned our interests with those of our clients and was not influenced or conflicted by commissions or incentives offered by the vendors we evaluated on behalf of our clients

In 2008, we made the decision to focus exclusively on pharmacy benefit consulting and offer a unique approach to assisting employers, Taft-Hartley welfare funds and municipal plan sponsors maximize the performance of their pharmacy benefits. We provide customized solutions from an array of pharmacy benefit services, including plan design, contract review, RFP creation, vendor analysis, procurement, financial modeling, claims analysis, Medicare Part D and comprehensive plan auditing while maintaining our independent “client first” perspective. Our team is made up of benefit consultants with extensive PBM experience, including data analysts, auditors, actuaries, attorneys, CPAs, communication specialists and clinicians, including MDs, pharmacists and Pharm Ds.

Headquartered in Baltimore, Maryland, we provide a national pharmacy benefit practice with affiliate offices in New York and Chicago.

Values Statement

We value the partnership that is created with our clients for pharmacy benefit management consulting services.  This partnership makes us proud of the integrity, sincerity and transparency our team demonstrates every day. An evolving organization is created together, always listening to our clients  and each other and striving to provide the trusted guidance that each deserves.

We enjoy working side-by-side with our clients, participating in their enthusiasm for their missions and delivering them solid business value.  Functioning together as a coordinated unit, the team thrives by helping each other and assisting the company to grow.

Organizations

PBM Consultants - WBC, Inc. BaltimoreWe are members and supporters of the following organizations:

  • New York Business Group on Health
  • Academy of Managed Care Pharmacy
  • Pharmacy Benefit Management Institute
  • International Foundation of Employee Benefit Plans
  • American Society of Association Executives
  • Society of Human Resource Management
  • MEDBANK of Maryland

 

Our Mission

Provide our clients with “best in class” customized solutions for managing their pharmacy benefit in order to maximize value, protect members’ health, create optimal plan performance and control their pharmacy costs. We are committed to a business partnership with our clients that embraces full disclosure, objective guidance and where our efforts are always placing the interest of our clients first.

This mission assists plan sponsors and their members with the knowledge to better manage their own healthcare and to improve patient outcomes while reducing unnecessary medical expense.

Furthermore, we aim to be a trusted resource for drug and pharmacy benefit related health information. This goal will be achieved by presenting up-to-date information that is independent, objective and comprehensive in a clear and concise format for plan sponsors and their members.

Our team of healthcare professionals including pharmacists, Doctors of pharmacy (“Pharm Ds”), pharmaceutical researchers and MD’s work together to provide the most clinically relevant insight. Additionally, our experienced team members from the pharmacy benefit management (“PBM”) arena bring further practical guidance on how to maximize the value to an employer’s or health plan’s pharmacy benefit.

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