Jul 29, 2025 | biologics, Biosimilars, Cost Savings, MedBen Rx, Pharmacy, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings
The advantages of biosimilars – clinically equivalent versions of high-price biologic drugs – have been known for years. But despite their growing availability, adoption remains slow… in no small part because major PBMs are stifling uptake....
Jul 15, 2025 | Alternative Reimbursement Strategies, Client Report, MedBen Analytics, MedBen Rx, MedBen WellLiving, Proven solutions, Research, Survey
According to a recent national survey of over 1,800 U.S. employers, reducing health care costs has surpassed attracting and retaining talent as the top driver of benefits decision-making – a first since the survey began in 2019. Additionally, 53% of employers say they...
Jul 11, 2025 | Comparative Effectiveness, Cost Savings, Drug advertising, Drug costs, Health care costs, High-value formulary, MedBen Rx, Pharmacy, Rx Costs, Spending
Pharmaceutical advertising hit a record high in 2024, with the top 10 drugs accounting for $3.3 billion in ad spending – up nearly 20% from the previous year. With more campaigns directly targeting consumers, MedBen Rx’s high-value formulary educates members about...
Jul 1, 2025 | Cost Savings, Drug costs, GLP-1s, MedBen Rx, Ozempic, Rebates, Rx Costs, Specialty Drugs, Wegovy, Weight loss drugs
The 2025 Milliman Medical Index confirms what many employers are seeing firsthand: prescription drug costs are rising faster than any other health care expense, with a 9.7% increase over the past year. To help employers reclaim their drug spend, MedBen Rx offers a...
Jun 3, 2025 | Alternative Reimbursement Strategies, Announcements, Client Report, Fair Market Pricing, Forensic claims review, MedBen Rx, MedBen WellLiving, Nutrigenomics, Pharmacogenomics
The 2025 MedBen Client Report is now available for download from MedBen.com! “As your TPA, MedBen takes an interest in your plan’s success that goes beyond claim processing,” Chairman & CEO Kurt Harden says in his Opening Note. “Our services and...
Feb 24, 2025 | Benefits preservation, Cost Savings, Drug costs, MedBen Rx, Rx Costs, Savings, Specialty Drugs
High-cost specialty drugs can make up more than 60% of a health plan’s pharmacy costs. MedBen Rx’s benefit preservation program is designed to make certain that members have continued access to medications while reducing specialty drug spend to the...
