Oct 18, 2022 | Formularies, MedBen Rx, Pharmacy Benefits Manager (PBM), Rx Costs, Rx Spending, Savings, White paper
Major pharmacy benefit managers (PBMs) use “smoke and mirrors” to make you believe they’re saving you money on prescription drugs: On the one hand, PBMs offer you administrative fee credits – fixed cost reductions that make up just a small...
Oct 3, 2022 | Health systems, MedBen Rx, Own Use, Savings
Hospitals and other qualified entities have a unique opportunity for pharmacy savings through Own Use. This innovative program can save MedBen Rx clients as much as 35% when compared to standard PBM pricing.Own Use brings together non-profit health care systems and...
Aug 8, 2022 | Comparative Effectiveness, Drug marketing, Formularies, MedBen Rx, Pharmacy Benefits Manager (PBM), Rebates
From Benefits Pro: “The median launch price of a new drug in the US soared from $2,115 in 2008 to $180,007 in 2021, a 20% annual inflation rate over the period, researchers at Harvard-affiliated Brigham and Women’s Hospital in Boston found.”Contributing to these...
Jul 12, 2022 | Formularies, MedBen Rx, Pharmacy Benefits Manager (PBM), Rebates, Rx prices, Savings, White paper
MedBen Rx has prepared a whitepaper detailing the games pharmacy benefit managers (PBMs) play with administrative and rebate credits. PBMs focus on fixed cost savings to make you think you’re saving on prescription costs… but a closer look reveals that you’re...
Jun 7, 2022 | Comparative Effectiveness, Cost Plus Pricing, MedBen Rx, Outcomes, Rx Costs, Savings, Transparency
U.S. spending on prescription drugs have returned to pre-pandemic levels and member out-of-pocket costs continue to increase, so it’s the right time to explore pharmacy solutions that offer clinically-effective, lower-cost solutions. MedBen Rx delivers on both counts....
May 11, 2022 | Client Report, Comparative Effectiveness, Cost Plus, Evidence-based research, MedBen Access, MedBen Rx, Mobile app, Online Services, Savings
Download the 2022 MedBen Client Report Now! This year’s Client Report focuses on: New solutions like MedBen Rx comparative effectiveness, air ambulance reviews, No Surprises Act administrative services, and HealthJoy TPA+, as well as improvements to our MedBen...
