Feb 23, 2021 | Announcements, Compliance, Cost Savings, Direct-to-Employer Contracting, MedBen Analytics, MedBen Rx, MedBen University, Reference-Based Pricing, Regulatory, Rx Costs, Savings, Webinars
We are excited to announce the 20th Season of MedBen University (MBU). Our 2021 season starts with virtual roundtables and focus on topics including: New and emerging strategies for Rx benefits, with case studies Growing popularity of direct-to-employer contracting,...
Oct 30, 2020 | Alternative Plan Design, Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Pharmacy Benefits Manager (PBM), Plan Design, Reference-Based Pricing, Rx Costs, Savings, Telehealth, Telemedicine
Three-quarters of employers plan to adopt alternatives to traditional health plans over the next three years, a new study finds. For our clients, this change is already well underway with MedBen delivering cost-saving solutions. Alternative reimbursement strategies...
Oct 16, 2020 | Claims Management, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rebates, Reference-Based Pricing, Rx Costs, Savings, Spread Pricing
A National Alliance of Healthcare Purchaser Coalitions survey asked employers what they thought were the greatest threats to coverage affordability. Their responses… and how MedBen counters these concerns with proven saving solutions: Drug prices are a threat to...
Oct 2, 2020 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Savings
A new RAND study finds privately-insured patients pay, on average, 247% more at hospitals than Medicare patients for the same care, The study also indicated that outpatient services are priced at about 267% higher than what Medicare reimburses, according to Healthcare...
Jul 23, 2020 | Compliance, MedBen Analytics, MedBen WellLiving, Preventive Care, Reference-Based Pricing, Wellness
Now that one-third of MedBen’s block of business uses some form of reference-based pricing (RBP) or direct-to-employer (DTE) contracting, these alternative reimbursement strategies are outperforming standard PPO plans in multiple ways. In terms of costs, MedBen...
Jun 10, 2020 | Alternative Reimbursement Strategies, Direct-to-Employer Contracting, Reference-Based Pricing
In 2019, MedBen reference-based pricing (RBP) plans performed 24.7% better than traditional PPO plans. Many MedBen clients blend their RBP plan with direct-to-employer contracts, which promotes the use of quality care through local facilities. In exchange for...
