Jul 12, 2022 | MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rebates
MedBen Rx has prepared a whitepaper detailing the games pharmacy benefit managers (PBMs) play with administrative and rebate credits. PBMs focus on fixed cost savings to make you think you’re saving on prescription costs… but a closer look reveals that you’re going to...
Jun 7, 2022 | Comparative Effectiveness, Cost Plus Pricing, Cost Savings, MedBen Rx, Prescription
U.S. spending on prescription drugs have returned to pre-pandemic levels and member out-of-pocket costs continue to increase, so it’s the right time to explore pharmacy solutions that offer clinically-effective, lower-cost solutions. MedBen Rx delivers on both...
Mar 22, 2022 | Case Studies, Comparative Effectiveness, Cost Savings, MedBen Rx, Prescription, Rx Costs, Savings
MedBen Rx comparative effectiveness represents the next generation of pharmacy solutions, saving the employer money while also impacting member health. One such client recently engaged MedBen Rx to help them implement a pharmacy benefit design driven by clinical...
Feb 3, 2022 | Drug advertising, Prescription
Pharmaceutical company Eli Lilly has received back-to-back letters regarding deceptive drug advertising. In December 2021, the FDA’s Office of Prescription Drug Promotion (OPDP) informed Eli Lilly that its TV ads made “false or misleading claims and/or...
Jan 24, 2022 | Cost Savings, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings, Transparency
Pharmacy benefit managers (PBMs) are profiting at the expense of consumers and payers, finds a new report from the PBM Accountability Group. MedBen Rx counters such tactics with pharmacy solutions that ensure you know exactly what a drug costs. From Benefits Pro:...
Jan 7, 2022 | Brand Name Drugs, Cost Savings, Generic Drugs, MedBen Rx, Prescription, Rx Costs, Savings, Specialty Care
GoodRx is currently compiling a list of drugs that will cost consumers more in 2022. By January 17, 669 drugs will have experienced price increases, with an average increase of 5.0%. All but 11 on the list are brand-name medications. The list includes such well-known...