Managed Care Pharmacy Practice, Second Edition offers information critical to the development and operation of a managed care pharmacy program. The text also covers the changes that have taken place within the delivery of pharmacy services, now that a higher percent of the population is enrolled in some type of "managed" health care organization. The Second Edition reflects contemporary health care management and policy issues, details how the value of pharmaceuticals is assessed by health plans and PBMs, and discusses how value-based formularies are developed and managed. Health care policy issues are addressed from a societal perspective to illustrate how managed care organizations respond to, or lead, public policy decisions. The Second Edition has been thoroughly updated to reflect the significant changes in development and execution of managed care pharmacy benefit management.