Nov 23, 2020 | MedBen Rx, Online Services, Prescription, Savings
On December 1, MedBen Rx will roll out the new Member Prescription Portal. This easy-to-navigate site, available online through MedBen Access or via our mobile app, is designed to help members better manage their pharmacy plan and make cost-effective prescription drug...
Oct 30, 2020 | Alternative Plan Design, Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Pharmacy Benefits Manager (PBM), Plan Design, Reference-Based Pricing, Rx Costs, Savings, Telehealth, Telemedicine
Three-quarters of employers plan to adopt alternatives to traditional health plans over the next three years, a new study finds. For our clients, this change is already well underway with MedBen delivering cost-saving solutions. Alternative reimbursement strategies...
Oct 16, 2020 | Claims Management, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rebates, Reference-Based Pricing, Rx Costs, Savings, Spread Pricing
A National Alliance of Healthcare Purchaser Coalitions survey asked employers what they thought were the greatest threats to coverage affordability. Their responses… and how MedBen counters these concerns with proven saving solutions: Drug prices are a threat to...
Oct 15, 2020 | Cost Savings, Lifestyle, MedBen WellLiving, Preventive Care, Savings
Preventive care and better lifestyle choices could reduce annual U.S. health spending by $730 billion, according to a new report. The study found modifiable health costs were largely due to five risks: overweight/obesity, high blood pressure, high blood sugar, poor...
Oct 2, 2020 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Savings
A new RAND study finds privately-insured patients pay, on average, 247% more at hospitals than Medicare patients for the same care, The study also indicated that outpatient services are priced at about 267% higher than what Medicare reimburses, according to Healthcare...
Jul 20, 2020 | Cancer, MedBen WellLiving, Savings, Self-funding, Wellness
A new study predicts that annual costs associated with cancer treatment are expected to exceed $245 billion by 2030, nearly a 34% increase from 2015 billing. Specifically, medical care costs are expected to grow to $221 billion, with prescription drugs adding another...