Mar 18, 2024 | DNA, Drug costs, Drugmakers, Gene therapy, Health care costs, Rx Costs, Spending
Back in late 2022, MedBen spotlighted the growth of gene therapy, a transformative medical approach that potentially cures genetic disorders by correcting or replacing an individual’s DNA. As we noted, these therapies go beyond treatment to literally...
May 26, 2023 | Emergency Room (ER), Family doctors, Health care costs, Primary Care, Spending, Urgent Care
Two items of interest, both pertaining to health plan spending for emergency room visits: Facility fees for ER visits increased 531% from 2004 to 2021, according to a recent Peterson-KFF analysis. A greater range of treatments and more expensive technologies available...
Dec 22, 2022 | Lobbying, Pharmacy Benefits Manager (PBM), Prescription, Spending
A review of the biggest spenders in health care lobbying by OpenSecrets reveals that, in the leadup to the 2021-22 election cycle, 16 of the top 25 lobbyists were pharmaceutical & health product organizations (see table below). The top health care lobbyist,...
Aug 24, 2021 | Alternative Reimbursement Strategies, Cost Savings, Direct-to-Employer Contracting, Reference-Based Pricing, Spending
MedBen clients spend an average of 23.5% less when using direct-to-employer contracting (DTE) or reference-based pricing (RBP) plans. But how do our alternative reimbursement strategies affect spending for specific types of patient care? For inpatient care, MedBen...