Jan 23, 2020 | MedBen Rx, MedBen Rx Advocate, Prescription
According to the National Alliance of Healthcare Purchaser Coalitions, more than 60% of employers say drug spending is unsustainable for their business, and they’re now demanding drug pricing transparency – something MedBen Rx Advocate already delivers. With MedBen Rx...
Nov 20, 2019 | Cancer, MedBen Rx Advocate, MedBen WellLiving, Preventive Care, Primary Care
A recent survey found that while 57% of Americans expressed concern about developing cancer, only 24% indicated they incorporate cancer prevention practices into their daily lives. MedBen WellLiving is working to help employers and plan members close the gap between...
Nov 15, 2019 | MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings, Self-funding
Prescription drug pricing is regularly a hot topic in the news and from political candidates. While lawmakers seek to address consumer concerns, MedBen already has innovative pharmacy solutions in place that offer employers price transparency and cost savings. With...
Nov 11, 2019 | Alternative Plan Design, MedBen Rx Advocate, Self-funding
A Benefits Pro article entitled “How top employers are upping their benefit packages to attract talent” hits on many of the key components of self-funding. According to a recent survey, the most-cited ways that employers strengthen their employee rewards include...
Oct 18, 2019 | MedBen Rx, MedBen Rx Advocate, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Spread Pricing, Transparency
A key to reducing pharmacy plan costs is to eliminate the use of spread pricing – the difference between what pharmacy benefit managers (PBMs) charge employer plans for drugs and what the actual pharmacy pays for them. Often, this “spread” can be substantial, as PBMs...
Sep 7, 2019 | MedBen Rx Advocate, MedBen Rx Alliance, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs
An article released by Health Payer Intelligence focuses on the concern that employers have about the rising cost of health care. More specifically, the article states that with 85 percent of employers surveyed, pharmacy pricing was their predominant concern going...
