Mar 20, 2020 | Alternative Plan Design, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Savings
In 2019, MedBen clients who integrated direct-to -employer contracting and reference-based pricing (RBP) strategies into their plan saved 24.7% on claim costs compared to their previous PPO discounts. RBPs effectively reduce plan costs because they can be customized...
Mar 19, 2020 | Cost Savings, MedBen WellLiving, Preventive Care, Primary Care, Savings
Practicing timely preventive care saved MedBen WellLiving clients 7.8% on average per-employee claim costs in 2019 compared to non-WellLiving clients. According to the Agency for Healthcare Research and Quality (AHRQ), the top one percent of health care spenders...
Mar 13, 2020 | Announcements, Kurt Harden, News, Plan Design, Plan Language, Prescription, Preventive Care
As we manage our way through this situation, I want to make sure you know that MedBen has made plans to ensure that we are available for our clients. Many of you and your associates will be even busier during the coming weeks, and we want to make sure that you don’t...
Mar 6, 2020 | Announcements, MedBen Rx, News, Prescription
With the novel coronavirus COVID-19 a constant topic in the news nowadays, many consumers are stocking up on various drugs. MedBen is recommending no change to the current prescription drug refill guidelines for our clients and here’s why: Most wholesalers have a good...
Mar 5, 2020 | Affordable Care Act, Government, News, Self-funding
On Monday, March 2, the Supreme Court agreed to hear a third major case on the Affordable Care Act (ACA) with the potential to wipe out the entire law – including the employer mandate requiring minimum essential coverage be offered to employees. The New York Times...
