May 7, 2019 | MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, MedBen University, Pharmacies, Rx Costs, Rx Spending
In an era where employer pharmacy plans routinely face annual double-digit cost increases, MedBen clients are seeing things differently. Employers who utilized MedBen pharmacy solutions in their 2018 plans realized an average 2.7% decrease in per-member spending from...
Mar 12, 2019 | MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Rebates, Rx Costs, Transparency
MedBen Rx offers employers a better way to provide and manage prescription benefits, regardless of their size or industry type. Our pharmacy solutions counter inflated prescription list prices with common-sense reimbursement methods. Self-funded employers can take...
Dec 2, 2018 | Brand Name Drugs, Generic Drugs, MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Pharmacy Benefits Manager (PBM), Specialty Drugs
Modern Healthcare recently highlighted the growing disparity between brand-names and generics in relation to prescription drug spending. A new study finds that while total spending on generic drugs has declined, branded prescription drug spending continues to rise. In...
Oct 10, 2018 | MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Pharmacy Benefits Manager (PBM), Rx Costs, Savings, Spread Pricing
Spread pricing is a little-discussed aspect of prescription drug pricing, but its impact on pharmacy plan costs can be huge… and it’s why MedBen has responded with new pharmacy programs designed to remove spread pricing from the cost equation altogether. Simply...
Sep 17, 2018 | MedBen Access, MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Online Services, Rx Costs
A Managed Healthcare Executive article spotlights “New Drug Pricing Tools Could Save Money” — among them, a recently launched “real-time benefits tool” that shows out-of-pocket costs for medications based on a patient’s plan...
Aug 24, 2018 | MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Rx Costs, Savings, Transparency
A recent Forbes.com headline refers to U.S. prescription drug pricing practices as “Lessons in Obfuscation.” Unlike most products that have clearly defined prices, prescription drugs start with an acquisition cost paid by the pharmacy, which it then...
