Jan 26, 2020 | Announcements, Claims Management, Cost Savings
In 2019, MedBen clients saved, on average, $18.13 per employee per month through targeted forensic claims audits. These targeted claims produced an additional 58 percent savings, over and above any PPO discounts. Great numbers like these just don’t happen. We...Jan 10, 2020 | Cost Savings, MedBen Rx, Prescription, Rx Costs
It is not uncommon for drug manufacturers to raise prescription drug prices at the beginning of the year, and 2020 is no exception. According to new consultancy data, U.S. drug prices increased an average of 5.3 percent on January 1st. Among the common medications...Jan 9, 2020 | Alternative Plan Design, Cost Savings, Direct-to-Employer Contracting
Direct-to-employer contracting helps to ensure that your plan members receive high-quality, low-cost care. When a patient visits an employer-contracted physician, hospital or facility, they can be certain of getting quality medical service for the best price. In...Dec 27, 2019 | Announcements, Claims Management, Cost Savings, Health Plan Management, Kurt Harden, MedBen Access, MedBen Analytics, MedBen Rx, Mobile App, Online Services, Prescription, Preventive Care, Primary Care, Reporting, Rx Costs, Savings, Self-funding, Third party administration, Wellness
Welcome to a new decade! During the past 19 years, MedBen has dedicated itself to finding ways to enhance your benefits experience, from claims surveillance that ensures you pay the right cost for the right care to our money-saving MedBen Rx pharmacy solutions that...Nov 22, 2019 | Alternative Plan Design, Cost Savings, Reference-Based Pricing
In an article titled “Reference-based pricing: 4 factors to consider,” the author advises employers to consider the following before deciding if reference-based pricing (RBP) is right for them: Pricing, flexibility, support, and balance billing. And he’s not...Nov 1, 2019 | Bundled Payments, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Self-funding, Third party administration
Alternative pricing strategies like reference-based pricing, direct-to-employer contracting, and commercial bundled payments are gaining in appeal – but these solutions are nothing new for MedBen. Many of our clients have had these strategies in place for years and...