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...
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...
Oct 2, 2020 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Savings
A new RAND study finds privately-insured patients pay, on average, 247% more at hospitals than Medicare patients for the same care, The study also indicated that outpatient services are priced at about 267% higher than what Medicare reimburses, according to Healthcare...
Jun 10, 2020 | Alternative Reimbursement Strategies, Direct-to-Employer Contracting, Reference-Based Pricing
In 2019, MedBen reference-based pricing (RBP) plans performed 24.7% better than traditional PPO plans. Many MedBen clients blend their RBP plan with direct-to-employer contracts, which promotes the use of quality care through local facilities. In exchange for...
May 17, 2020 | Alternative Plan Design, Direct-to-Employer Contracting, MedBen University, Prescription, Reference-Based Pricing, Roundtables, Savings, Self-funding, Third party administration
Self-funding provides unique ways to save plans money, and MedBen knows how to deliver those savings, said President & CEO Kurt Harden at the 4th Annual Employer Roundtable Webinar on May 14. “In this time that we’re all trying to look at cost,...
Apr 17, 2020 | Coronavirus, COVID-19, Direct-to-Employer Contracting, MedBen University, Reference-Based Pricing, Roundtables, Webinars, Wellness
On April 16, MedBen University (MBU) held its first event of the 2020 season with the 5th Annual Broker Roundtable Webinar. This webinar brought together brokers from five states to review cost and utilization trends, market strategies, and ways to help maximize value...
