Nov 15, 2019 | MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Pharmacy Benefits Manager (PBM), Prescription drugs, Rx Costs, Rx Spending, Savings
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 18, 2019 | MedBen Rx, MedBen Rx Advocate, Pharmacies, Pharmacy Benefits Manager (PBM), Spread Pricing, Transparency
A key to reducing pharmacy plan costs is to eliminate the use of spread pricing – the difference between what pharmacy benefit managers (PBMs) charge employer plans for drugs and what the actual pharmacy pays for them. Often, this “spread” can be substantial, as PBMs...
Sep 7, 2019 | MedBen Rx Advocate, MedBen Rx Alliance, Pharmacy Benefits Manager (PBM), Rx Costs, Rx Spending
An article released by Health Payer Intelligence focuses on the concern that employers have about the rising cost of health care. More specifically, the article states that with 85 percent of employers surveyed, pharmacy pricing was their predominant concern going...
Aug 23, 2019 | MedBen Rx Alliance, Rx Costs, Savings
It makes sense that qualified hospitals can purchase drugs at prices lower than even the largest retail chain. But what if we told you that you may be eligible to reap the benefits of this as well? If you’re a hospital, local school system, university or other...
Aug 11, 2019 | Acquisition Cost Index (ACI), MedBen Rx Advocate, Rebates, Rx Costs, Rx Spending
If you’re tired of trying to figure out all of the confusing lingo and mathematics of the pharmaceutical world, MedBen Rx Advocate is for you. Our straightforward approach to pharmacy solutions has been proven to save clients money and the best part is, you only need...
