May 3, 2021 | Alternative Reimbursement Strategies, Direct-to-Employer Contracting, MedBen Rx, MedBen University, MedBen WellLiving, Pharmacy Benefits Manager (PBM), Preventive Care, Reference-Based Pricing, Rx Costs, Wellness
Over 70 clients and brokers attended the MedBen University (MBU) Virtual Roundtable on April 29. The online event, open to both public and private employers, highlighted recent cost and utilization trends by industry and product. MedBen’s net claims cost trend...
Apr 19, 2021 | Alternative Reimbursement Strategies, Brian Fargus, Direct-to-Employer Contracting, Government, MedBen Rx, MedBen University, MedBen WellLiving, Municipalities
“From 2016 to 2020, MedBen’s municipality block averaged a minimal 1% annual trend on total claims costs,” said MedBen VP of Sales & Marketing Brian Fargus at the MedBen University Virtual Municipality Roundtable on April 15. Over 75 clients and...
Apr 2, 2021 | Alternative Reimbursement Strategies, Brokers, Comparative Effectiveness, Direct-to-Employer Contracting, MedBen Rx, MedBen University, MedBen WellLiving, Municipalities, Pharmacy Benefits Manager (PBM), Reference-Based Pricing, Roundtables, Rx Costs, Trend, Wellness
MedBen University (MBU) kicked off its 20th season with the annual Broker Roundtable. Like last year, this event was held virtually, with over 100 in attendance from five states. Topics for the roundtable included cost and utilization trends by industry and product,...
Mar 23, 2021 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Savings
In 2020, MedBen alternative reimbursement strategies outperformed traditional PPO plans by 23.5%. Strategies like reference-based pricing (RBP) and direct-to-employer (DTE) contracting offer better pricing to employers and members. There are many RBP strategies...
Dec 11, 2020 | Alternative Reimbursement Strategies, Balance billing, Direct-to-Employer Contracting, Research, Surprise Billing
In addition to providing high-quality, lower-cost medical care, direct-to-employer (DTE) contracts offer the advantage of eliminating surprise billing – an issue much on the mind of Americans these days. Nearly half of Americans fear unexpected medical bills, a new...
Oct 30, 2020 | Alternative Plan Design, Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Pharmacy Benefits Manager (PBM), Plan Design, Reference-Based Pricing, Rx Costs, Savings, Telehealth, Telemedicine
Three-quarters of employers plan to adopt alternatives to traditional health plans over the next three years, a new study finds. For our clients, this change is already well underway with MedBen delivering cost-saving solutions. Alternative reimbursement strategies...
