Jan 23, 2023 | Avande, Cost Savings, Drug costs, Gene therapy, Luke Burchard, MedBen Rx, Rx Costs, Savings
In two recent articles, we touched on the growing prevalence of high-cost drugs, some with price tags in the thousands and even millions of dollars: Drugmakers are raising prices on over 350 unique drugs this month.Innovative gene therapies have emerged that cost as...
Jan 6, 2023 | Drug costs, Drugmakers, News, Prescription, Rx Costs
From Reuters: “Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb, AstraZeneca PLC and Sanofi SA plan to raise prices in the United States on more than 350 unique drugs in early January, according to data analyzed by healthcare research...
Nov 26, 2022 | Cost Savings, MedBen Access, Member Prescription Portal, Mobile App, Online Services, Prescription, Rx Costs, Savings
From WebMd: “Prices for medications may be very different from pharmacy to pharmacy, even within the same ZIP code. So you may be able to save money on your medicines by shopping around for the best price. “Every pharmacy… has its own markup on drugs. Prices...
Oct 18, 2022 | Cost Savings, Formularies, MedBen Rx, Pharmacy Benefits Manager (PBM), Rx Costs, Savings, White paper
Major pharmacy benefit managers (PBMs) use “smoke and mirrors” to make you believe they’re saving you money on prescription drugs: On the one hand, PBMs offer you administrative fee credits – fixed cost reductions that make up just a small portion of...
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...
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...
