Feb 20, 2020 | Brand Name Drugs, Cost Savings, Generic Drugs, Prescription, Rx Costs, Savings
Generic drugs provide the same high quality as their brand-name equivalents but at substantially lower costs. On average, the price of a generic drug is 80 to 85 percent less than its branded counterpart while meeting the same rigid FDA standards for safety,...
Dec 27, 2019 | Announcements, Claims Management, Cost Savings, Health Plan Management, Kurt Harden, MedBen Access, MedBen Analytics, MedBen Rx, Mobile App, Online Services, Prescription, Preventive Care, Primary Care, Reporting, Rx Costs, Savings, Self-funding, Third party administration, Wellness
Welcome to a new decade! During the past 19 years, MedBen has dedicated itself to finding ways to enhance your benefits experience, from claims surveillance that ensures you pay the right cost for the right care to our money-saving MedBen Rx pharmacy solutions that...
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...
Oct 31, 2019 | Cost Savings, Savings, Self-funding, Third party administration
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Oct 22, 2019 | Cost Savings, Savings, Self-funding, Third party administration
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Oct 20, 2019 | Claims Management, Savings
Health care can already be expensive, so why allow unnecessary costs? Unfortunate but true, waste accounts for about 25% of U.S. health care spending – and with self-funding, that can be a sizable expense for an employer. At MedBen, we work to keep clients’ money...