Mar 2, 2023 | Asthma, Cancer, Cholesterol, Cost Savings, Diabetes, Heart, MedBen WellLiving, News, Preventive Care, Primary Care, Reporting, Savings
A new report finds that the primary care workforce has decreased in recent years, and advises that the U.S. should invest more in adding new physicians. It’s a sensible suggestion, considering that primary care has demonstrably contributed to making Americans...
Mar 1, 2023 | Announcements, Cost Savings, Employer Dashboard, HealthJoy, Reporting, Savings
HealthJoy Enhanced Navigation has augmented its technology experience with performance reporting updates and other enhancements now available in the Employer Dashboard. These improvements will provide you with greater visibility into member behavior and a more direct...
Feb 3, 2023 | Alternative Reimbursement Strategies, Claims, Cost Savings, Direct-to-Employer Contracting, Drug costs, Forensic claims review, Gene therapy, Health care costs, Inflation, MedBen Rx, MedBen WellLiving, Prescription, Rx Costs, Savings, Specialty Drugs, Wellness
Even though health care costs have not seen the same rate of inflation as other industries, that’s about to change. Fortunately, MedBen has a variety of inflation-hedging solutions to counter rising costs. As a recent Self-Insurer article notes, health care...
Jan 23, 2023 | Avande, Cost Savings, Drug costs, Gene therapy, Luke Burchard, MedBen Rx, Rx Costs, Savings
In two recent articles, we touched on the growing prevalence of high-cost drugs, some with price tags in the thousands and even millions of dollars: Drugmakers are raising prices on over 350 unique drugs this month.Innovative gene therapies have emerged that cost as...
Jan 19, 2023 | Cost Savings, Out of network, Savings, Unwrapped
If your plan has a primary network structure, MedBen has an ideal way to lower your costs on out-of-network care – saving you, on average, 76% off of billed charges. We’ve partnered with The Phia Group to offer Unwrapped, a comprehensive pricing...
Dec 26, 2022 | Cost Savings, Drug costs, MedBen Rx, Savings, Specialty Drugs
From earlier this year: “Health plans and pharmacy benefit managers (PBMs) that manage drug costs… say specialty drugs now account for 50% or greater of the total prescription spending they manage. In some cases, employer clients are seeing specialty costs...