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 have steadily grown in popularity for employers looking to better manage plan costs. MedBen clients increasingly look to direct-to-employer contracting or reference-based pricing to save money… and those that have spend on average 24.7% less than traditional PPO plans.
Most MedBen clients are also taking advantage of alternative Rx pricing available through MedBen Rx. With our ACI reimbursement model, the employer pays what the pharmacy pays – no drug markups, and all savings and rebates go back to the plan. MedBen Rx pricing beats other PBMs by an average of 14.8%.
Telehealth has seen a spike in popularity as well, and three-quarters of study respondents say this approach reduces costs. If your plan doesn’t already offer telehealth, MedBen can help you implement this low-cost yet effective service.
MedBen can help you build the best plan design and cost-saving options for your business. To find out how we deliver self-funding solutions, call 888-627-8683.