Sep 2, 2022 | Affordable Care Act, Cost Savings, Fully Insured, Savings, Self-funding, Third party administration
Fully-insured employers may soon face double-digit premium increases… a good reason to explore making the switch to self-funding solutions.Benefits PRO reports:”Marketplace insurers are proposing a 10% premium rate hike in 2023 in 13 states and DC. An...
Jun 28, 2022 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Preferred provider organization (PPO), Reference-Based Pricing, Savings
MedBen has the answer!Our proven self-funding solutions begin with traditional PPO plans, but don’t end there. We also offer alternative reimbursement strategies such as… Traditional reference-based pricing (RBP) that pays providers a fair and reasonable...
Jun 7, 2022 | Comparative Effectiveness, Cost Plus Pricing, Cost Savings, MedBen Rx, Prescription
U.S. spending on prescription drugs have returned to pre-pandemic levels and member out-of-pocket costs continue to increase, so it’s the right time to explore pharmacy solutions that offer clinically-effective, lower-cost solutions. MedBen Rx delivers on both...
Apr 15, 2022 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Forensic claims analysis, MedBen Rx, MedBen University, MedBen WellLiving, Reference-Based Pricing, Savings
Clients throughout the Midwest attended the MedBen University (MBU) Virtual Employer Roundtable on April 28. The online event, open to both public and private employers, highlighted real results – MedBen solutions that are working for clients.Real results that MedBen...
Mar 22, 2022 | Case Studies, Comparative Effectiveness, Cost Savings, MedBen Rx, Prescription, Rx Costs, Savings
MedBen Rx comparative effectiveness represents the next generation of pharmacy solutions, saving the employer money while also impacting member health. One such client recently engaged MedBen Rx to help them implement a pharmacy benefit design driven by clinical...
Mar 21, 2022 | Cost Savings, Emergency Room (ER), MedBen Analytics, Reporting, Savings, Urgent Care
For MedBen clients in 2021, 11% of emergency room visits were potentially avoidable… typically for conditions that could have been better managed in a more cost-effective setting. A visit to an urgent care facility or family doctor cost, on average, $1,363 less...
