Jun 14, 2021 | Brand Name Drugs, Comparative Effectiveness, MedBen Rx, Prescription drugs, Rx Costs, Savings, Specialty Drugs
The prices of 260 popular brand-name prescription drugs rose 3% from 2019 to 2020 – twice as much as the 1.3% rate of inflation during the same period, according to a new AARP report. Their analysis also found that over the past 15 years, prices of 65 common brands...
Jun 1, 2021 | Formularies, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription drugs, Savings, Transparency
MedBen Rx clients save 21.6% when switching from traditional PBMs. What accounts for such a substantial difference? With MedBen Rx you pay what the pharmacy pays – we use the drug’s acquisition cost as a baseline to reduce your costs. MedBen Rx offers total...
May 17, 2021 | Comparative Effectiveness, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription drugs, Savings
MedBen Rx clients can save between 10-30% by using comparative effectiveness focusing on the best drug outcomes. One way it does this is by dispelling the costly misperception that “new is better.” “A new FDA approved drug doesn’t mean it’s better than existing...
Apr 6, 2021 | Case Study, Comparative Effectiveness, Diabetes, MedBen Rx
MedBen Rx Comparative Effectiveness uses evidence-based research to make sure your members are taking the most effective drugs at the best cost. A MedBen Rx client recently changed their formulary by using Comparative Effectiveness to focus on drugs that would produce...
Feb 5, 2021 | MedBen Rx, Mobile app, Online Services, Rx Costs, Rx prices, Rx Spending, Savings
Checking claims and benefits information is easier than ever through the MedBen Access mobile app. Search for “MedBen” in the Apple App Store or Google Play to download to your smartphone or tablet. In addition to claims status and benefit coverages, the app allows...
Jan 10, 2021 | Brand Name Drugs, MedBen Rx, Rx Costs, Rx prices, Specialty Drugs
GoodRx has compiled a list of drugs that saw manufacturer price increases in January 2021. In total, 589 drugs – all but seven of them brand-name medications – increased in price, by an average of 4.2%. Among the better known brand-name drugs on the list are Humira...
