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...
Nov 1, 2019 | Bundled Payments, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Self-funding, Third party administration
Alternative pricing strategies like reference-based pricing, direct-to-employer contracting, and commercial bundled payments are gaining in appeal – but these solutions are nothing new for MedBen. Many of our clients have had these strategies in place for years and...
Oct 31, 2019 | Cost Savings, Savings, Self-funding, Third party administration
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Oct 30, 2019 | Cost Savings, MedBen Analytics, Mobile App, Online Services, Privacy, Security, Self-funding, Third party administration
In a recent survey, 95 percent of employers said they consider technology a “must-have” or “very important” in their day-to-day job functions. Additionally, 78 percent of employers said they’re satisfied with the frequency of communication about technology from their...
Oct 22, 2019 | Cost Savings, Savings, Self-funding, Third party administration
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Aug 28, 2019 | Cost Savings, MedBen Rx, MedBen Rx Alliance, Prescription
It makes sense that qualified hospitals can purchase drugs at prices lower than even the largest retail chain. But what if we told you that you may be eligible to reap the benefits of this as well? If you’re a hospital, local school system, university or other...
