Oct 3, 2022 | Cost Savings, MedBen Rx, Own Use, Prescription, Rx Costs, Savings
Hospitals and other qualified entities have a unique opportunity for pharmacy savings through Own Use. This innovative program can save MedBen Rx clients as much as 35% when compared to standard PBM pricing.Own Use brings together non-profit health care systems and...
Sep 20, 2022 | Case Studies, Cost Savings, Direct-to-Employer Contracting, Savings
A MedBen Client switched from a traditional PPO plan to direct-to-employer (DTE) contracting in 2020. They contracted directly with a local health system, and added a wrap-around PPO network for out-of-area care. By using DTE contracted providers, any chance of...
Sep 2, 2022 | Affordable Care Act, Cost Savings, Fully Insured, Savings, Self-funding, Third party administration
Fully-insured employers may soon face double-digit premium increases… a good reason to explore making the switch to self-funding solutions.Benefits PRO reports:”Marketplace insurers are proposing a 10% premium rate hike in 2023 in 13 states and DC. An...
Jun 28, 2022 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Preferred provider organization (PPO), Reference-Based Pricing, Savings
MedBen has the answer!Our proven self-funding solutions begin with traditional PPO plans, but don’t end there. We also offer alternative reimbursement strategies such as… Traditional reference-based pricing (RBP) that pays providers a fair and reasonable...
Apr 15, 2022 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Forensic claims analysis, MedBen Rx, MedBen University, MedBen WellLiving, Reference-Based Pricing, Savings
Clients throughout the Midwest attended the MedBen University (MBU) Virtual Employer Roundtable on April 28. The online event, open to both public and private employers, highlighted real results – MedBen solutions that are working for clients.Real results that MedBen...
Mar 21, 2022 | Cost Savings, Emergency Room (ER), MedBen Analytics, Reporting, Savings, Urgent Care
For MedBen clients in 2021, 11% of emergency room visits were potentially avoidable… typically for conditions that could have been better managed in a more cost-effective setting. A visit to an urgent care facility or family doctor cost, on average, $1,363 less...
