In an effort to improve drug pricing transparency, the Department of Health and Human Services recently released a proposal requiring drug companies to include their list prices in consumer ads. But MedBen already provides far more transparent Rx solutions.
Drug companies are reluctant to reveal list costs, claiming that they don’t indicate what consumers actually pay for them… and that’s correct. List prices don’t factor in negotiated discounts and rebates, and even if they did, may still not reveal the actual cost. So is that real transparency to begin with?
MedBen has long supported total pricing transparency, which includes returning 100% of all paid rebates back to the employer. And with our recent introduction of two new pharmacy plans, we’ve taken transparency to another level.
With MedBen Rx, clients don’t have to concern themselves with inflated list prices or hidden costs. Our pharmacy solutions ensure that you pay the average price pharmacies pay for a drug, plus an appropriate dispensing fee.
MedBen Rx also offers clients transparency through our online service center, MedBen Access. Plan members can see exactly what their copay is for prescribed drugs and compare lower-cost alternatives.
Don’t wait for government solutions to drug pricing transparency… MedBen has them now! Find out more by visiting MedBenRx.com or contacting Vice President of Sales & Marketing Brian Fargus at 888-627-8683 or bfargus@medben.com.