Aug 9, 2021 | Brand Name Drugs, Comparative Effectiveness, Cost Savings, Generic Drugs, MedBen Rx, Rx Costs, Savings
Generic doesn’t always mean cheap. As this list recently compiled by GoodRx demonstrates, the monthly cost of some popular generic drugs can actually rival or exceed well-known brand medications. MedBen Rx comparative effectiveness ensures that members are using...
Aug 6, 2021 | Compliance, COVID-19, Department of Health and Human Services (HHS), Families First Coronavirus Response Act (FFCRA), Regulatory
The Department of Health and Human Services recently extended the COVID-19 public health emergency until October 18, 2021. This means that the Families First Coronavirus Response Act (FFCRA) requirement that health plans pay for COVID-19 testing (including antibody...
Jul 27, 2021 | Forensic claims analysis, Stop-Loss, Trend
The number of claims in excess of $1 million has risen at an unprecedented rate in recent years… but MedBen forensic claims review is helping to control the effect of high-cost claims. The graph below from stop-loss carrier Tokio Marine HCC shows its 2012-20...
Jul 26, 2021 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store
Offering a flexible spending account (FSA) to your plan members is one of the most effective and simplest ways to decrease health care costs. Because every FSA payment is made with tax-free dollars, the savings are built right in. There are a variety of ways to use...
Jul 23, 2021 | MedBen Analytics, Mental Health, Preventive Care, Primary Care, Reporting, Telehealth, Trend
Telehealth use has dropped from its peak in 2020, but remains significantly higher than pre-COVID levels. The MedBen Analytics chart below shows telehealth activity for MedBen’s total client block from January 2020 through June 2021. Mood and anxiety disorders,...
