Oct 16, 2020 | Claims Management, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rebates, Reference-Based Pricing, Rx Costs, Savings, Spread Pricing
A National Alliance of Healthcare Purchaser Coalitions survey asked employers what they thought were the greatest threats to coverage affordability. Their responses… and how MedBen counters these concerns with proven saving solutions: Drug prices are a threat to...
Apr 17, 2020 | Alternative Plan Design, Claims Management, Cost Savings, COVID-19, Direct-to-Employer Contracting, MedBen Rx Advocate, Plan Design, Prescription, Reference-Based Pricing, Self-funding, Third party administration, Wellness
BenefitsPRO reports that “employers’ health care benefit costs could jump by as much as 7 percent this year due to the COVID-19 outbreak – on top of the 5 percent increase that employers had previously projected before the pandemic.” That’s why it’s essential for...
Jan 26, 2020 | Announcements, Claims Management, Cost Savings
In 2019, MedBen clients saved, on average, $18.13 per employee per month through targeted forensic claims audits. These targeted claims produced an additional 58 percent savings, over and above any PPO discounts. Great numbers like these just don’t happen. We...
Dec 27, 2019 | Announcements, Claims Management, Cost Savings, Health Plan Management, Kurt Harden, MedBen Access, MedBen Analytics, MedBen Rx, Mobile App, Online Services, Prescription, Preventive Care, Primary Care, Reporting, Rx Costs, Savings, Self-funding, Third party administration, Wellness
Welcome to a new decade! During the past 19 years, MedBen has dedicated itself to finding ways to enhance your benefits experience, from claims surveillance that ensures you pay the right cost for the right care to our money-saving MedBen Rx pharmacy solutions that...
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...
Jul 28, 2019 | Announcements, Claims Management, Client Report, MedBen Analytics, MedBen Employees, MedBen Rx, MedBen University, MedBen WellLiving, News, Self-funding, Third party administration
“2019 marks the 30-year anniversary of Medical Benefits Administrators (MBA). The third party administrator began as a subsidiary… but has grown into our signature enterprise” states Kurt Harden, President and CEO of MedBen, in the 2019 Client Report. Over those 30...
