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...
Feb 9, 2020 | Alternative Plan Design, Announcements, Direct-to-Employer Contracting, Government, Health Plan Management, Hospitals, MedBen Rx, MedBen University, Municipalities, Plan Design, Prescription, Private employers, Reference-Based Pricing
Our educational seminar series MedBen University (MBU) offers a range of informative and timely topics about benefit planning. This year’s topics of discussion include: Direct-to-employer contracts and reference-based pricing strategies; Rx solutions that are proven...
Jan 9, 2020 | Alternative Plan Design, Cost Savings, Direct-to-Employer Contracting
Direct-to-employer contracting helps to ensure that your plan members receive high-quality, low-cost care. When a patient visits an employer-contracted physician, hospital or facility, they can be certain of getting quality medical service for the best price. In...
Dec 23, 2019 | Direct-to-Employer Contracting, Reference-Based Pricing
“Patients would save billions of dollars a year if medical specialists were not allowed to bill out-of-network rates” reads the opening statement of a BenefitsPro article. More precisely, the article states that these out-of-network bills accumulated to roughly $40...
Dec 4, 2019 | Alternative Plan Design, Direct-to-Employer Contracting, MedBen Analytics, Reference-Based Pricing
Benefit News reports that more than 80% of employers will increase their health and wellness spending this year. And while some sources state that a lack of access to actionable data is one blame of the increase, MedBen Analytics has worked in employers’ favor to...
Nov 1, 2019 | Bundled Payments, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Self-funding, Third party administration
Alternative pricing strategies like reference-based pricing, direct-to-employer contracting, and commercial bundled payments are gaining in appeal – but these solutions are nothing new for MedBen. Many of our clients have had these strategies in place for years and...
