Jan 9, 2020 | Alternative Plan Design, Cost Savings, Direct-to-Employer Contracting
Direct-to-employer contracting helps to ensure that your plan members receive high-quality, low-cost care. When a patient visits an employer-contracted physician, hospital or facility, they can be certain of getting quality medical service for the best price. In...
Dec 4, 2019 | Alternative Plan Design, Direct-to-Employer Contracting, MedBen Analytics, Reference-Based Pricing
Benefit News reports that more than 80% of employers will increase their health and wellness spending this year. And while some sources state that a lack of access to actionable data is one blame of the increase, MedBen Analytics has worked in employers’ favor to...
Nov 22, 2019 | Alternative Plan Design, Cost Savings, Reference-Based Pricing
In an article titled “Reference-based pricing: 4 factors to consider,” the author advises employers to consider the following before deciding if reference-based pricing (RBP) is right for them: Pricing, flexibility, support, and balance billing. And he’s not...
May 6, 2019 | Alternative Plan Design, Case Studies, Cost Savings, Direct-to-Employer Contracting, Self-funding, Third party administration
MedBen facilitates direct-to-employer contracting, bringing together employers and providers in plans that promote regional care. Recently, a client looking for cost reduction opportunities saw the benefits first-hand. A manufacturer with a traditional PPO plan...
Apr 21, 2019 | Alternative Plan Design, Cost Savings, Direct-to-Employer Contracting, MedBen University, Municipalities, Prescription
“In 2018, per-employee net claim costs for our municipality block decreased 4.9% from 2017,” announced MedBen Vice President of Sales & Marketing Brian Fargus at the 13th Annual Municipality Roundtable on April 11. This reduced cost factors both...
Jan 26, 2019 | Alternative Plan Design, Bundled Payments, Direct-to-Employer Contracting, Reference-Based Pricing
“Think outside the box” may be an overused expression, but when it comes to health care coverage, more and more employers are taking the advice…. and MedBen has a few thoughts on the subject. Many self-funded employers still rely on PPO plans that...