Pharmacy Benefit Manager Salary in Detroit, Michigan

Pharmacy Benefit Manager Salary in Detroit, MI

How much does a Pharmacy Benefit Manager make in Detroit, MI? The average Pharmacy Benefit Manager salary in Detroit, MI is $134,914 as of May 28, 2024, but the salary range typically falls between $120,223 and $150,846. 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.

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Pharmacy Benefit Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Pharmacy Benefit Manager Salary $106,848 Detroit,MI May 28, 2024
25th Percentile Pharmacy Benefit Manager Salary $120,223 Detroit,MI May 28, 2024
50th Percentile Pharmacy Benefit Manager Salary $134,914 Detroit,MI May 28, 2024
75th Percentile Pharmacy Benefit Manager Salary $150,846 Detroit,MI May 28, 2024
90th Percentile Pharmacy Benefit Manager Salary $165,351 Detroit,MI May 28, 2024
25% $120,223 10% $106,848 90% $165,351 75% $150,846 $134,914 50%(Median) Didn’t find job title? Click
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Check out Pharmacy Benefit Manager jobs in Detroit, Michigan

Associate Manager, Health and Welfare Benefit

Michigan Farm Bureau - Lansing, MI

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Pharmacy Relationship Manager

America's Pharmacy Group, LLC - Lansing, MI

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Pharmacy Relationship Manager

America's Pharmacy Group, LLC - Grand Rapids, MI

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Benefit Plan Manager

UAW Retiree Medical Benefits Trust - Detroit, MI

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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.

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Job Openings for Pharmacy Benefit Manager in Detroit, MI
  • Michigan Farm Bureau - Lansing, MI
    Associate Manager, Health and Welfare Benefit. US-MI-Lansing. Job ID. 2024-4431. Type. Regular Full-Time. of Openings. 1. Category. Human Resources. Farm B...
    - 4 Days Ago
  • America's Pharmacy Group, LLC - Lansing, MI
    Whether you are working in a Pharmacy looking for additional income, an established healthcare sales professional, or looking to break into Medical Sales, ...
    - 3 Days Ago
  • America's Pharmacy Group, LLC - Grand Rapids, MI
    Whether you are working in a Pharmacy looking for additional income, an established healthcare sales professional, or looking to break into Medical Sales, ...
    - 3 Days Ago
  • UAW Retiree Medical Benefits Trust - Detroit, MI
    Benefit Plan Manager. Position Summary. The Benefit Plan Manager has primary responsibility for the management of Medicare Advantage PPO programs. This inc...
    - 3 Days Ago
  • Prime Therapeutics - Lansing, MI
    Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives eve...
    - 1 Day Ago

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

 
 
 
120223
150846
134914

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
128311
167495
146670
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 Detroit, MI. The base salary for Pharmacy Benefit Manager ranges from $120,223 to $150,846 with the average base salary of $134,914. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $128,311 to $167,495 with the average total cash compensation of $146,670.

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For a real-time salary target, tell us more about your role in the four categories below.

120223
150846

 

About Detroit, Michigan    Detroit (/dɪˈtrɔɪt/, locally also /ˈdiːtrɔɪt/; French: Détroit, lit. 'strait') is the largest and most populous city in the U.S. state of Michigan, th....More

Detroit, Michigan  area prices were up 1.2% from a year ago

Pharmacy Benefit Manager Salary in popular cities: Grand Rapids, Warren, Sterling Heights

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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