Jan 24, 2022 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings, Transparency
Pharmacy benefit managers (PBMs) are profiting at the expense of consumers and payers, finds a new report from the PBM Accountability Group. MedBen Rx counters such tactics with pharmacy solutions that ensure you know exactly what a drug costs. From Benefits Pro:...
Jan 21, 2022 | MedBen Analytics, Online Services, Reporting
The Utilization Metrics report shows you. Utilization metrics is one of the most popular and informative reports available on the MedBen Analytics online portal… and it’s one you can generate just with a few clicks. With this report, you can view member...
Jan 11, 2022 | Announcements, Compliance, COVID-19, Department of Labor
On January 10, 2022, the Department of Labor issued FAQ Part 51, which provides new guidance on compliance with the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES). The new guidance includes a coverage...
Jan 10, 2022 | Adverse selection, Cost Savings, Savings, Spousal limitations
Because you don’t want to be on the negative end of adverse selection. About 1 in 5 employers currently use spousal limitations, ranging from surcharges and carve-outs to exclusion of all spouses from the plan. Spousal limitations can reduce the chances of...
Jan 7, 2022 | Brand Name Drugs, Cost Savings, Generic Drugs, MedBen Rx, Prescription, Rx Costs, Savings, Specialty Care
GoodRx is currently compiling a list of drugs that will cost consumers more in 2022. By January 17, 669 drugs will have experienced price increases, with an average increase of 5.0%. All but 11 on the list are brand-name medications. The list includes such well-known...
