Jun 1, 2021 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings
MedBen Rx clients save 21.6% when switching from traditional PBMs. What accounts for such a substantial difference? With MedBen Rx you pay what the pharmacy pays – we use the drug’s acquisition cost as a baseline to reduce your costs. MedBen Rx offers total...
May 28, 2021 | Announcements, Cancer, Colon Cancer, Compliance, Preventive Care, USPSTF
On May 18th, the United States Preventive Services Task Force added a new recommendation regarding colonoscopies. The current guidance recommends colorectal cancer screenings for adults aged 50 to 75 years (“A” designation), while the new recommendation extends...
May 27, 2021 | MedBen Analytics, Reporting
MedBen Analytics offers a variety of customizable, downloadable reports in addition to the employer dashboard. These reports incorporate predictive modeling that forecasts future activity, to help you make informed decisions about plan changes as we reach the mid-year...
May 18, 2021 | Alternative Reimbursement Strategies, Case Studies, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing
A MedBen Client switched from a traditional PPO plan to direct-to-employer (DTE) contracting in 2016. They contracted directly with multiple health systems, and paid for non-contracted care using reference-based pricing (RBP). By contracting with selected health...
May 17, 2021 | Comparative Effectiveness, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Savings
MedBen Rx clients can save between 10-30% by using comparative effectiveness focusing on the best drug outcomes. One way it does this is by dispelling the costly misperception that “new is better.” “A new FDA approved drug doesn’t mean it’s better than...
