Jul 11, 2023 | Brand Name Drugs, Generic Drugs, MedBen Rx, Pharmacies, Pharmacy Benefits Manager (PBM), Prescription drugs, Rx Costs, Rx prices, Rx Spending, Savings, Specialty Drugs, Transparency, Value
A new playbook from the National Alliance of Healthcare Purchaser Coalitions lists the top 10 concerns employer health plans have with pharmacy benefit managers (PBMs): Promoting drugs with higher prices when lower-price options are availableOffering preferred...
May 16, 2023 | Access solutions, Announcements, Client Report, Cost Plus, MedBen, MedBen Rx, Mobile app, Online Services, Prescription drugs, Rx Costs, Rx prices, Rx Spending, Savings, Specialty Drugs
The 2023 MedBen Client Report is now available to download from MedBen.com! In his opening note, MedBen President Kurt Harden states: “This Client Report is designed to demonstrate ways that clients can generate greater value from their health plan....
Apr 26, 2023 | Anniversaries, Announcements, History, MedBen, MedBen Rx
May 8, 2023 marks MedBen’s 85th anniversary of serving the health benefit needs of employers across the country. As such, it’s an opportune time to reflect, while also looking forward. MedBen’s growth over the decades has coincided with the evolution in group health...
Apr 25, 2023 | MedBen Access, MedBen Basics, MedBen Rx, Mobile app, Online Services, Prescription drugs, Prescription Portal
Health benefits management can be a complicated business, but that doesn’t mean it has to be. To help make things a bit more clear cut, MedBen offers dozens of MedBen Basic handouts on a variety of topics. While many of our Basics are directed at plan...
Mar 21, 2023 | Brand Name Drugs, Diabetes, Generic Drugs, MedBen Rx, MedBen University, Pharmacy Benefits Manager (PBM), Prescription drugs, Rx Costs, Rx prices, Savings
Earlier this month, drug manufacturer Eli Lilly announced that it cutting the cost of two of its prescription brand insulins, Humalog and Humulin, by 70%, and capping out-of-pocket costs for privately insured patients at $35 a month. Competing...
Mar 6, 2023 | Access solution, Access solutions, MedBen Rx, Medicare, Research, Rx Costs, Rx prices, Rx Spending, Savings, Specialty Drugs
Employers pay up to 30 times as much for specialty drugs than Medicare does, new research finds. According to the JAMA Health Forum, for the 10 most commonly used specialty drugs, employer-sponsored insurance (ESI) plans paid prices up to 3,350%...