Nov 6, 2018 | Generic Drugs, MedBen Rx, Rx Costs, Savings
As the prescribing of generic drugs has become more commonplace, most consumers have come to see that these medications work just as well as their pricier band-name equivalents. Indeed, when a generic alternative is available, MedBen clients see a 98% average...
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...
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...