Jan 24, 2022 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings, Transparency
Pharmacy benefit managers (PBMs) are profiting at the expense of consumers and payers, finds a new report from the PBM Accountability Group. MedBen Rx counters such tactics with pharmacy solutions that ensure you know exactly what a drug costs. From Benefits Pro:...
Dec 14, 2021 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings, Social Media
MedBen Rx already provides pharmacy solutions that save… but in the spirit of the season, we’d like to give you something extra! By following us on LinkedIn and downloading the MedBen Rx brochure by Monday, December 20, 2021 you will be automatically...
Nov 30, 2021 | Case Studies, Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings
In their first year with MedBen Rx, a regional health system lowered costs by $4.6 million through pharmacy savings and added revenue. This includes a 30% reduction in employee pharmacy plan spend. The health system had previously entered into three-year agreement...
Jul 12, 2021 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings, Transparency
Lack of disclosure is a common theme for many pharmacy benefit managers (PBMs), be it with employers or state governments. From Benefits Pro: “At least a half-dozen states and the District of Columbia are investigating pharmacy benefit managers, The Wall Street...
Jun 1, 2021 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings
MedBen Rx clients save 21.6% when switching from traditional PBMs. What accounts for such a substantial difference? With MedBen Rx you pay what the pharmacy pays – we use the drug’s acquisition cost as a baseline to reduce your costs. MedBen Rx offers total...
May 3, 2021 | Alternative Reimbursement Strategies, Direct-to-Employer Contracting, MedBen Rx, MedBen University, MedBen WellLiving, Pharmacy Benefits Manager (PBM), Preventive Care, Reference-Based Pricing, Rx Costs, Wellness
Over 70 clients and brokers attended the MedBen University (MBU) Virtual Roundtable on April 29. The online event, open to both public and private employers, highlighted recent cost and utilization trends by industry and product. MedBen’s net claims cost trend...
