Sep 3, 2024 | Biosimilars, Cost Savings, Drug costs, GLP-1s, Humira, Mounjaro, Ozempic, Rx Costs, Savings, Trulicity, Wegovy
Humira continued to be the costliest prescription drug for self-funded health plans in 2023 by a comfortable margin, according to a recent Milliman commercial drug trends review. Used to treat a variety of conditions from Crohn’s to rheumatoid arthritis and psoriatic...
Aug 29, 2024 | Artificial Intelligence, Cost Savings, HealthJoy, JOY, MedBen Connect, Mobile App, Savings
There’s been a lot of talk this political season about the importance of “joy.” Well, MedBen is all about joy… and we offer it in all caps, no less. “JOY” is an AI-powered virtual assistant available to users of MedBen Connect...
Aug 1, 2024 | Cost Savings, Debit Cards, Flexible spending accounts (FSAs), FSA Store, Health care costs, Health flexible spending account (FSA), Savings
Offering your plan members a flexible spending account (FSA) option is not only an effective way to help them lower their health care spend (qualified purchases are made using tax-free dollars), but by adding a MedBen debit card, it’s a convenient way to do it!...
Jul 22, 2024 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Preferred provider organization (PPO), Savings
A new survey on health and benefit strategies for 2025 finds that one-third of large employers will offer an “alternative medical plan” to steer employees to quality, cost-effective care. At MedBen, nearly half of our clients have implemented alternative...
Jul 5, 2024 | Biosimilars, Cost Savings, Humira, MedBen Rx, News, Rx Costs, Savings
The Food and Drug Administration is considering a change to its biosimilar policy that would greatly speed up their approval process – which, if enacted, would be a big win for MedBen Rx clients who are already reducing their prescription drug spend through...
Apr 29, 2024 | Access solutions, Alternative Reimbursement Strategies, Benefits preservation, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Savings, Spousal limitations
It’s hardly shocking that in a new national benefits employer survey, 29 percent of respondents cited “reducing costs” as the most important consideration for employee benefit decisions. However, the steps some employers are using to lower their...
