Jan 27, 2019 | Cost Savings, MedBen Rx, Prescription
A recent high-profile disagreement between Walmart and pharmacy benefits manager (PBM) CVS Caremark exemplifies the friction between pharmacies and PBMs about prescription pricing… and the power that PBMs possess to influence drug costs. MedBen Rx was designed...
Jan 25, 2019 | Claims Management, Cost Savings, Reference-Based Pricing
MedBen claims management uses multiple measures to ensure that your plan pays the proper price for health care services, but at the core is our team of experienced claim examiners. To cite one example, a plan member of a MedBen client underwent robotic hernia repair...
Jan 13, 2019 | Cost Savings, Discounts, MedBen Rx, Prescription, Rebates, Research
New year, higher drug prices. According to The Wall Street Journal, a representative analysis of major pharmaceutical companies found that the prices of their brand name and generic drugs have risen by an average of 6.3% in 2019 – modest compared to previous years,...
Dec 30, 2018 | Announcements, Bundled Payments, Cost Savings, Health Plan Management, MedBen Employees, News, Online Services, Prescription, Reference-Based Pricing, Third party administration, Wellness
To our customers, consultants, and brokers: Happy new year from MedBen! In 2018 we celebrated our 80th anniversary, which gave us a chance to reflect on our beginnings and growth as a health benefits manager. It’s great to reminisce but we prefer to look...