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What is a Rebate?

Most people are familiar with rebates for purchasing items like appliances or cars, but this sales tactic is also used in the health insurance world by drug manufacturers and pharmacy benefit managers. Employers can receive some of the pharmacy rebates back, but it requires some specialized knowledge in order to do so. Watch to learn more from Parker, Smith & Feek Benefits Account Executive opens in a new windowKaren Schwartz on how pharmacy rebates work, and how you can receive a portion back for your plan. ​

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