Key Takeaways

  • PBMs (Pharmacy Benefit Managers) process prescription claims between pharmacies and insurers.
  • Prior authorization (PA) is required when a drug is not on formulary or has quantity limits.
  • Common rejection codes include refill too soon, NDC not covered, and PA required.
  • AWP (Average Wholesale Price) is used as a benchmark for drug pricing.
  • NCPDP standards are used for electronic prescription transmission and claims.
Last updated: January 2026

Insurance, Billing, and Claims Processing

Quick Answer: Pharmacy claims are processed through PBMs (Pharmacy Benefit Managers) using NCPDP standards. Common rejections include refill too soon, PA required, and NDC not covered. Understanding copays, deductibles, and formulary tiers is essential for helping patients.

Pharmacy Benefit Managers (PBMs)

PBMs are intermediaries that process prescription drug claims between pharmacies, insurers, and patients.

Major PBMs

PBMNotes
CVS CaremarkLargest PBM
Express ScriptsMajor mail-order operations
OptumRxUnited Health Group
Humana Pharmacy SolutionsMedicare focus
Prime TherapeuticsBlue Cross Blue Shield plans

PBM Functions

  • Process prescription claims
  • Manage drug formularies
  • Negotiate drug prices with manufacturers
  • Administer mail-order pharmacies
  • Manage specialty pharmacy programs
  • Implement drug utilization review

Insurance Terminology

TermDefinition
PremiumMonthly payment for insurance coverage
DeductibleAmount patient pays before insurance kicks in
CopayFixed amount patient pays per prescription
CoinsurancePercentage patient pays (e.g., 20%)
Out-of-pocket maximumAnnual limit on patient costs
FormularyList of covered drugs
Prior Authorization (PA)Pre-approval required for certain drugs
Step TherapyMust try cheaper drugs first
Quantity Limit (QL)Maximum quantity covered per period

Formulary Tiers

TierDescriptionCopay (Typical)
Tier 1Preferred generics$5-15
Tier 2Non-preferred generics$15-30
Tier 3Preferred brands$30-50
Tier 4Non-preferred brands$50-100
Tier 5Specialty drugs20-30% coinsurance

Claims Processing

Information Required for Claims

FieldDescription
BINBank Identification Number (6 digits)
PCNProcessor Control Number
Group NumberPlan/employer identifier
Member IDPatient's insurance ID
Person CodeIdentifies patient within family
Cardholder NamePrimary insurance holder

Claims Transmission

Claims are transmitted electronically using NCPDP (National Council for Prescription Drug Programs) standards.

Key Data Elements:

  • Patient information (ID, DOB, gender)
  • Prescriber information (NPI, name)
  • Drug information (NDC, quantity, days supply)
  • Pharmacy information (NPI, NCPDP number)
  • DAW code
  • Diagnosis code (if required)

Common Rejection Codes

CodeMeaningResolution
75Prior Authorization RequiredContact prescriber for PA
76Plan Limitations ExceededCheck quantity limits
79Refill Too SoonWait until eligible date
70Product/Service Not CoveredCheck formulary alternatives
88DUR RejectAddress drug interaction/duplicate therapy
25Missing/Invalid Prescriber IDVerify NPI
MRM/I Patient ID NumberVerify member ID
65Patient Not CoveredVerify insurance active
ERM/I Quantity PrescribedCorrect quantity
26M/I Unit of MeasureUse correct units

Handling Rejections

Refill Too Soon (79):

  1. Check when refill is eligible
  2. Inform patient of eligible date
  3. Offer to fill as cash pay if urgent

Prior Authorization Required (75):

  1. Inform patient PA is needed
  2. Contact prescriber's office
  3. Fax PA form with clinical information
  4. Follow up on PA status

NDC Not Covered:

  1. Check if different NDC is covered
  2. Offer therapeutic alternative
  3. Contact prescriber for change

Drug Pricing Terms

TermDefinition
AWPAverage Wholesale Price - benchmark price
WACWholesale Acquisition Cost - manufacturer to wholesaler
AACActual Acquisition Cost - what pharmacy paid
MACMaximum Allowable Cost - generic price cap
U&CUsual and Customary - pharmacy's retail price

Reimbursement Formula

Typical Reimbursement = (AWP - Discount%) + Dispensing Fee

Example: AWP is $100, discount is 15%, dispensing fee is $2

  • Reimbursement = ($100 - 15%) + $2 = $85 + $2 = $87

Medicare Part D

Coverage Phases

PhaseDescriptionPatient Pays
DeductibleFirst $545 (2026)100%
Initial CoverageUntil total drug costs reach $5,030Copay/coinsurance
Coverage Gap$5,030 - $8,000 (2026)25% for most drugs
CatastrophicAfter $8,000 out-of-pocket$0 or 5%

Note: Coverage gap ("donut hole") largely closed - patients pay 25% for most drugs.

Coordination of Benefits (COB)

When a patient has multiple insurance plans:

  1. Primary insurance - bills first
  2. Secondary insurance - bills for remaining balance
  3. Patient - pays any remaining amount

Common COB Rules

SituationPrimary Insurance
Patient is subscriberTheir own plan
Dependent childBirthday rule (parent whose birthday comes first in year)
Divorced parentsCustodial parent's plan
Medicare + employer (>20 employees)Employer plan
Medicare + employer (<20 employees)Medicare

Workers' Compensation

AspectRequirement
BillingBill WC carrier directly, not patient
CopayPatient pays nothing
Generic substitutionMay vary by state
Prior authorizationOften required
Claim formsState-specific forms may be needed
Test Your Knowledge

A prescription claim is rejected with code 79 "Refill Too Soon." What should the pharmacy technician do?

A
B
C
D
Test Your Knowledge

Which organization establishes the standards for electronic prescription claims transmission?

A
B
C
D
Test Your Knowledge

A patient has both Medicare Part D and an employer-sponsored plan from a company with 50 employees. Which insurance is primary?

A
B
C
D