Oct 22, 2019 | Cost Savings, Savings, Self-funding, Third party administration
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Oct 20, 2019 | Claims Management, Savings
Health care can already be expensive, so why allow unnecessary costs? Unfortunate but true, waste accounts for about 25% of U.S. health care spending – and with self-funding, that can be a sizable expense for an employer. At MedBen, we work to keep clients’ money...
Oct 19, 2019 | Cholesterol, Preventive Care, Primary Care, Wellness
High cholesterol is nothing new; In fact, a recent discovery found that four-thousand-year-old mummies had cholesterol buildup in their arteries, suggesting that heart disease was likely more common in ancient times than once thought. Today, more than 35 million...
Oct 18, 2019 | MedBen Rx, MedBen Rx Advocate, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Spread Pricing, Transparency
A key to reducing pharmacy plan costs is to eliminate the use of spread pricing – the difference between what pharmacy benefit managers (PBMs) charge employer plans for drugs and what the actual pharmacy pays for them. Often, this “spread” can be substantial, as PBMs...
Oct 18, 2019 | Client Feedback, ISO, News, Quality
As a MedBen client, your feedback is essential to helping us to maintain quality in everything we do. For that reason, when you fill out a MedBen Client Satisfaction Survey, we encourage you to share your thought with us. During our semi-annual ISO 9001 audits,...
