Feb 4, 2021 | Cost Savings, Flexible spending accounts (FSAs), Online Services, Savings
Not only is the FSA Store an easy way to shop for FSA-eligible products with your MedBen Debit Card, it’s a convenient way to check what is eligible! The comprehensive FSA Eligibility List contains thousands of items FSA users can purchase with tax-free funds....
Jan 26, 2021 | Announcements, Claims Management, Cost Savings, Forensic claims analysis, Savings
In 2020, MedBen clients saved on average an additional 53.4% on targeted claims through our forensic claims review. These savings are in addition to any PPO discounts. Forensic claims review brings together skilled claims examiners, an advanced surveillance system,...
Jan 10, 2021 | Brand Name Drugs, Cost Savings, Generic Drugs, Prescription, Rx Costs, Savings, Specialty Drugs
GoodRx has compiled a list of drugs that saw manufacturer price increases in January 2021. In total, 589 drugs – all but seven of them brand-name medications  – increased in price, by an average of 4.2%. Among the better known brand-name drugs on the list are Humira...
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...
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...
