The American Academy of Family Physicians (AAFP):
The American Academy of Family Physicians (AAFP) is concerned that certain ownership and/or financial arrangements among pharmaceutical manufacturers, pharmacy benefit management (PBM) organizations, mail order companies, health plans, retail pharmacies, pharmacists and other provider groups could create “conflicts of interest” or financial incentives which may not be in patients’ best interests, e.g. manufacturer discounts and/or rebates for the utilization of certain drugs. They may also result in compromised quality of care, excessively high premium, and “out of pocket” costs.
The AAFP has developed the following set of “Principles for the Development and Management of Patient-Centered Formularies” for the consideration of, and use by, family physicians, other providers and the health plans with which they contract.
(1999) (2013 COD)
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