Dec 26, 2023 | Alternative Reimbursement Strategies, Benefits preservation, Client Feedback, Client Surveys, Fair Market Pricing, ISO, Kurt Harden, MedBen Connect, MedBen Rx, President's Note
On behalf of the MedBen team, I wish you a happy and prosperous new year and thank you for your continued trust in MedBen. In 2023, we celebrated our 85th Anniversary. Those years have been marked by a variety of challenges and successes but I am particularly...
Sep 19, 2023 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Fair Market Pricing, Reference-Based Pricing, Savings
By self-funding your health coverage, you will save money compared to a fully insured plan. But by going a step further with MedBen alternative reimbursement strategies – or even multiple steps further, as we’ll explain below – you stand to save even more. In...
Sep 5, 2023 | Alternative Reimbursement Strategies, Claims, Comparative Effectiveness, Cost Savings, Direct-to-Employer Contracting, Drug costs, Fair Market Pricing, Forensic claims review, High-cost claims, Inflation, MedBen Rx, MedBen WellLiving, Reference-Based Pricing, Rx Costs, Savings, Self-funding, Specialty Care, Survey, Wellness
A new survey by International Foundation of Employee Benefit Plans found employers expect plan costs to increase seven percent in 2024. As to why, they gave a range of answers, with the top four reasons representing 71 percent of responses (see chart below). As it...
Aug 22, 2023 | Alternative Reimbursement Strategies, Appeals, Cost Savings, Fair Market Pricing, Savings
MedBen continues to offer alternative reimbursement strategies that offer the same access to quality care as PPOs, but with even greater savings. And our latest strategy has proven to reduce medical spend in a big way – saving employers, on average, nearly 70% on...
