Jan 25, 2022 | Alternative Plan Design, Direct-to-Employer Contracting, Reference-Based Pricing
Innovative MedBen alternative reimbursement strategies like direct-to-employer (DTE) contracting and reference-based pricing (RBP) put an end to pricing guesswork. You probably know that traditional PPO plans allow for a wide range of service pricing between...
Dec 29, 2020 | Alternative Plan Design, Announcements, Cost Savings, COVID-19, Customer Service, Direct-to-Employer Contracting, Kurt Harden, MedBen Access, MedBen Rx, Rx Costs, Savings, Self-funding
On behalf of all of us at MedBen, I want to thank you for your continued business! 2020 offered unique challenges for all of us. But despite these challenges, 2020 didn’t stop us from thinking of you first. We improved customer service hold times and had a 96% first...
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...
May 17, 2020 | Alternative Plan Design, Direct-to-Employer Contracting, MedBen University, Prescription, Reference-Based Pricing, Roundtables, Savings, Self-funding, Third party administration
Self-funding provides unique ways to save plans money, and MedBen knows how to deliver those savings, said President & CEO Kurt Harden at the 4th Annual Employer Roundtable Webinar on May 14. “In this time that we’re all trying to look at cost,...
Apr 17, 2020 | Alternative Plan Design, Claims Management, Cost Savings, COVID-19, Direct-to-Employer Contracting, MedBen Rx Advocate, Plan Design, Prescription, Reference-Based Pricing, Self-funding, Third party administration, Wellness
BenefitsPRO reports that “employers’ health care benefit costs could jump by as much as 7 percent this year due to the COVID-19 outbreak – on top of the 5 percent increase that employers had previously projected before the pandemic.” That’s why it’s essential for...
Mar 20, 2020 | Alternative Plan Design, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Savings
In 2019, MedBen clients who integrated direct-to -employer contracting and reference-based pricing (RBP) strategies into their plan saved 24.7% on claim costs compared to their previous PPO discounts. RBPs effectively reduce plan costs because they can be customized...
