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 17, 2021 | Comparative Effectiveness, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Savings
MedBen Rx clients can save between 10-30% by using comparative effectiveness focusing on the best drug outcomes. One way it does this is by dispelling the costly misperception that “new is better.” “A new FDA approved drug doesn’t mean it’s better than...
May 4, 2021 | Alternative Reimbursement Strategies, Announcements, Client Report, COVID-19, Direct-to-Employer Contracting, Employer Dashboard, Health Plan Management, MedBen Analytics, MedBen Rx, MedBen WellLiving, Plan Design, Reference-Based Pricing, Rx Costs, Savings, Third party administration
In the 2021 MedBen Client Report, we look at how MedBen continues to provide superior service and cost savings regardless of circumstances. You will find examples of how MedBen delivers the best claims management, plan design and reimbursement strategies, expanded...
Mar 23, 2021 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Savings
In 2020, MedBen alternative reimbursement strategies outperformed traditional PPO plans by 23.5%. Strategies like reference-based pricing (RBP) and direct-to-employer (DTE) contracting offer better pricing to employers and members. There are many RBP strategies...
Feb 23, 2021 | Announcements, Compliance, Cost Savings, Direct-to-Employer Contracting, MedBen Analytics, MedBen Rx, MedBen University, Reference-Based Pricing, Regulatory, Rx Costs, Savings, Webinars
We are excited to announce the 20th Season of MedBen University (MBU). Our 2021 season starts with virtual roundtables and focus on topics including: New and emerging strategies for Rx benefits, with case studies Growing popularity of direct-to-employer contracting,...
Feb 8, 2021 | Cost Savings, Emergency Room (ER), Primary Care, Savings, Urgent Care, Wellness
Many people use the emergency room as a place to receive after-hours care for minor illnesses or injuries without realizing they have another option for far less cost. For MedBen clients in 2020, 23% of ER visits were potentially avoidable. The table below lists...
