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 15, 2020 | Cost Savings, Lifestyle, MedBen WellLiving, Preventive Care, Savings
Preventive care and better lifestyle choices could reduce annual U.S. health spending by $730 billion, according to a new report. The study found modifiable health costs were largely due to five risks: overweight/obesity, high blood pressure, high blood sugar, poor...
Oct 4, 2020 | COVID-19, MedBen Analytics, Reporting
The MedBen Analytics COVID-19 Dashboard based on MedBen’s overall business block shows the pandemic’s effect on hospital, urgent care, and emergency care utilization. As of August 31: Inpatient hospital claims saw a significant decrease in May, going down 32%...
Oct 3, 2020 | Brian Fargus, Caroline Fraker, Conferences, Prescription
MedBen Vice Presidents Caroline Fraker and Brian Fargus were among the featured speakers at the Sherrill-Morgan 7th Annual Healthcare Innovation Conference on Thursday, October 1. In her presentation, Senior Vice President Fraker discussed the potential problems of...
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...