What is the difference between an MCO and a PBM?
An MCO is a managed care organization. A PBM is a Pharmacy Benefit Management Company. MCO's are basically insurance plans and include HMO's, PPO's, and POS plans. PBM's are usually a third party administrator (TPA) of a prescription drug program, but can sometimes be a service within an integrated healthcare system, such as a hospital or the VA. They are mostly responsible for processing and paying prescription drug claims, but they also contract with pharmacies and negotiate discounts and rebates with drug manufacturers. In the United States, there are currently fewer than 100 PBM's.
Difference between HMO (Health Maintenance Organization) and MCO (Managed Care Organization) is that in HMO where the insurance creates an network of providers termed PCPs (Primary Care Physicians), but in the case of MCO the health care provider or group of medical service provider who contract with insurers or self-insured employers to provide the wide variety of managed helath care services.
A one-way flight from Trinidad (POS) to Amsterdam (AMS) takes 14 hours and 20 minutes. Flight one: POS to PBM on Surinam Airways 730 takes 1 hour and 30 minutes. Miles: 551 Layover at PBM for 3 hours and 50 minutes. Flight two: PBM to AMS on Surinam Airways 994 takes 9 hours. Miles: 4680 Total Miles: 5231 Total Price: $1547 per ticket