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...
Sep 18, 2020 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rebates, Rx Costs, Specialty Drugs, Transparency
Employers could save billion of dollars every year by avoiding “wasteful drugs,” according to BenefitsPro. Guidelines from Pacific Business Group on Health and and researchers from Johns Hopkins University identified 49 high-price medications with less...
Feb 20, 2020 | Brand Name Drugs, Cost Savings, Generic Drugs, Prescription, Rx Costs, Savings
Generic drugs provide the same high quality as their brand-name equivalents but at substantially lower costs. On average, the price of a generic drug is 80 to 85 percent less than its branded counterpart while meeting the same rigid FDA standards for safety,...
Jan 10, 2020 | Cost Savings, MedBen Rx, Prescription, Rx Costs
It is not uncommon for drug manufacturers to raise prescription drug prices at the beginning of the year, and 2020 is no exception. According to new consultancy data, U.S. drug prices increased an average of 5.3 percent on January 1st. Among the common medications...
Dec 27, 2019 | Announcements, Claims Management, Cost Savings, Health Plan Management, Kurt Harden, MedBen Access, MedBen Analytics, MedBen Rx, Mobile App, Online Services, Prescription, Preventive Care, Primary Care, Reporting, Rx Costs, Savings, Self-funding, Third party administration, Wellness
Welcome to a new decade! During the past 19 years, MedBen has dedicated itself to finding ways to enhance your benefits experience, from claims surveillance that ensures you pay the right cost for the right care to our money-saving MedBen Rx pharmacy solutions that...
