Nov 26, 2024 | Alternative Reimbursement Strategies, Case Studies, Cost Savings, Direct-to-Employer Contracting, Health care costs, Savings
From Benefits Pro: “According to the 2024 Best Practices in Healthcare Survey from WTW, more than half of employers plan to implement programs that will reduce total costs, and just as many intend to adopt plan design and network strategies that steer workers to...
Nov 8, 2024 | Billing, Concierge services, Cost Savings, HealthJoy, JOY, MedBen Connect, Mobile App, MSK, Precertification, Savings, Telemedicine
Clients who offer the MedBen Connect technology experience are seeing savings in a variety of ways. On average, 65% of members activate the mobile app, and 15% utilize its services bundle every month. Powered by HealthJoy, MedBen Connect transforms health care access...
Sep 3, 2024 | Biosimilars, Cost Savings, Drug costs, GLP-1s, Humira, Mounjaro, Ozempic, Rx Costs, Savings, Trulicity, Wegovy
Humira continued to be the costliest prescription drug for self-funded health plans in 2023 by a comfortable margin, according to a recent Milliman commercial drug trends review. Used to treat a variety of conditions from Crohn’s to rheumatoid arthritis and psoriatic...
Aug 29, 2024 | Artificial Intelligence, Cost Savings, HealthJoy, JOY, MedBen Connect, Mobile App, Savings
There’s been a lot of talk this political season about the importance of “joy.” Well, MedBen is all about joy… and we offer it in all caps, no less. “JOY” is an AI-powered virtual assistant available to users of MedBen Connect...
Aug 1, 2024 | Cost Savings, Debit Cards, Flexible spending accounts (FSAs), FSA Store, Health care costs, Health flexible spending account (FSA), Savings
Offering your plan members a flexible spending account (FSA) option is not only an effective way to help them lower their health care spend (qualified purchases are made using tax-free dollars), but by adding a MedBen debit card, it’s a convenient way to do it!...
Jul 22, 2024 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Preferred provider organization (PPO), Savings
A new survey on health and benefit strategies for 2025 finds that one-third of large employers will offer an “alternative medical plan” to steer employees to quality, cost-effective care. At MedBen, nearly half of our clients have implemented alternative...
