How much does a Pharmacy Benefit Manager make in Ridgefield Park, NJ? The average Pharmacy Benefit Manager salary in Ridgefield Park, NJ is $153,526 as of April 24, 2024, but the salary range typically falls between $136,811 and $171,655. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Pharmacy Benefit Manager Salary | $121,593 | Ridgefield Park,NJ | April 24, 2024 |
25th Percentile Pharmacy Benefit Manager Salary | $136,811 | Ridgefield Park,NJ | April 24, 2024 |
50th Percentile Pharmacy Benefit Manager Salary | $153,526 | Ridgefield Park,NJ | April 24, 2024 |
75th Percentile Pharmacy Benefit Manager Salary | $171,655 | Ridgefield Park,NJ | April 24, 2024 |
90th Percentile Pharmacy Benefit Manager Salary | $188,161 | Ridgefield Park,NJ | April 24, 2024 |
In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans. According to the American Pharmacists Association, "PBMs are primarily responsible for developing and maintaining the formulary, contracting with pharmacies, negotiating discounts and rebates with drug manufacturers, and processing and paying prescription drug claims. For the most part, they work with self-insured com...
Source: Wikipedia (as of 04/18/2019). Read more from Wikipedia
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3 - 5 years experience
Bachelor's Degree
5 + years experience
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Benefits Administrator I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Benefits Administrator II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Benefits Administrator III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Benefits Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Benefits Clerk | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Core compensation
Includes base and annual incentives
About Ridgefield Park, New Jersey Ridgefield Park is a village in Bergen County, New Jersey, United States. As of the 2010 United States Census, the village's population was 12,729, re....More
Ridgefield Park, New Jersey area prices were up 1.5% from a year ago
Pharmacy Benefit Manager Salary in popular cities: Newark, Jersey City, Paterson
Skills associated with Pharmacy Benefit Manager: Reporting
Recently searched related titles: Mobile Lead, Benefit Manager, Global Benefits Manager
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
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