Oct 3, 2022 | Cost Savings, MedBen Rx, Own Use, Prescription, Rx Costs, Savings
Hospitals and other qualified entities have a unique opportunity for pharmacy savings through Own Use. This innovative program can save MedBen Rx clients as much as 35% when compared to standard PBM pricing.Own Use brings together non-profit health care systems and...
Sep 6, 2022 | Alternative Reimbursement Strategies, Client Report, Comparative Effectiveness, Direct-to-Employer Contracting, Forensic claims review, MedBen Rx, MedBen WellLiving, Reference-Based Pricing
Hopefully, you’ve received a copy of the 2022 MedBen Client Report in the mail or downloaded it from MedBen.com… but if not, here’s a link so you can read it now!As President Kurt Harden states in his opening note, “MedBen introduced new...
Aug 8, 2022 | Comparative Effectiveness, Formularies, MedBen Rx, Pharmacy Benefits Manager (PBM)
From Benefits Pro: “The median launch price of a new drug in the US soared from $2,115 in 2008 to $180,007 in 2021, a 20% annual inflation rate over the period, researchers at Harvard-affiliated Brigham and Women’s Hospital in Boston found.”Contributing to...
Jul 12, 2022 | MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rebates
MedBen Rx has prepared a whitepaper detailing the games pharmacy benefit managers (PBMs) play with administrative and rebate credits. PBMs focus on fixed cost savings to make you think you’re saving on prescription costs… but a closer look reveals that you’re going to...
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...
May 11, 2022 | Air medical transports, Alternative Reimbursement Strategies, Client Report, Client Surveys, Comparative Effectiveness, Direct-to-Employer Contracting, Forensic claims analysis, Health Plan Management, HealthJoy, ISO, MedBen Access, MedBen Analytics, MedBen Rx, MedBen WellLiving, Mobile App, New Solutions, No Surprises Act (NSA), Online Services, Quality, Reference-Based Pricing, Savings, Self-funding, Third party administration
The 2022 MedBen Client Report is now available for download from MedBen.com! This year’s Client Report focuses on: New solutions like MedBen Rx comparative effectiveness, air ambulance reviews, No Surprises Act administrative services, and HealthJoy TPA+, as...