May 22, 2019 | Government, MedBen Rx, Rx Advertising, Rx Costs
The Trump administration recently announced that drug makers will now have to include prices in their TV advertising beginning this summer. Prescription drug cost transparency is a good thing… and MedBen makes transparency a keystone of its pharmacy plans, so clients...
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 25, 2019 | Average Wholesale Price, MedBen Rx, Pharmacies, Pharmacy Benefits Manager (PBM), Rebates, Rx Costs, Rx Spending, Transparency
In just four years, U.S. retail prescription drug spending grew nearly 27%… a substantial increase that illustrates the need for pharmacy solutions like those available through MedBen Rx. A new report from the Pew Charitable Trusts found that annual spending on...
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...
Feb 28, 2019 | Government, Legislation, MedBen Rx, Rx Costs, Rx Spending, Specialty Drugs
A recent Wall Street Journal editorial warns that government efforts to address prescription drug prices could produce undesirable consequences… and it’s why MedBen Rx believes that market-driven solutions are the preferable method to reducing consumer costs. As...
Feb 12, 2019 | Discounts, MedBen Rx, Pharmacies, Pharmacy Benefits Manager (PBM), Spread Pricing
High-profile health care companies continue to buy each other in an effort to be “biggest and best.” Meanwhile, MedBen continues to grow as it has for over 80 years… by providing clients with superior benefits management services. A quick recap: Anthem Health...