How much does a Pharmacy Benefit Manager make in Valley Grove, WV? The average Pharmacy Benefit Manager salary in Valley Grove, WV is $130,697 as of April 24, 2024, but the salary range typically falls between $116,468 and $146,131. 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.

Based on HR-reported data: a national average with a geographic differential
Pharmacy Benefit Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Pharmacy Benefit Manager Salary $103,512 Valley Grove,WV April 24, 2024
25th Percentile Pharmacy Benefit Manager Salary $116,468 Valley Grove,WV April 24, 2024
50th Percentile Pharmacy Benefit Manager Salary $130,697 Valley Grove,WV April 24, 2024
75th Percentile Pharmacy Benefit Manager Salary $146,131 Valley Grove,WV April 24, 2024
90th Percentile Pharmacy Benefit Manager Salary $160,182 Valley Grove,WV April 24, 2024
25% $116,468 10% $103,512 90% $160,182 75% $146,131 $130,697 50%(Median) Didn’t find job title? Click
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What is a Pharmacy Benefit Manager ?

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

See user submitted job responsibilities for Pharmacy Benefit Manager.

Job Openings for Pharmacy Benefit Manager in Valley Grove, WV

Career Path for this job

  1. Down a level:

    Benefits Supervisor

    3 - 5 years experience
    Bachelor's Degree

  2. This Job:

    Pharmacy Benefit Manager

    5 + years experience
    Bachelor's Degree

  3. Up a level:

    Benefits Senior Manager


    Bachelor's Degree

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Understand the total compensation opportunity for a Pharmacy Benefit Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
116468
146131
130697

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
124300
162260
142084
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Pharmacy Benefit Manager in Valley Grove, WV. The base salary for Pharmacy Benefit Manager ranges from $116,468 to $146,131 with the average base salary of $130,697. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $124,300 to $162,260 with the average total cash compensation of $142,084.

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116468
146131

 

About Valley Grove, West Virginia    Valley Grove is a village in Ohio County, West Virginia, United States. It is part of the Wheeling, West Virginia Metropolitan Statistical Area. The p....More

Valley Grove, West Virginia  area prices were up 1.2% from a year ago

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Skills associated with Pharmacy Benefit Manager: Reporting

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