Dec 26, 2022 | MedBen Rx, Rx Costs, Rx prices, Rx Spending, Savings, Specialty Drugs
From earlier this year: “Health plans and pharmacy benefit managers (PBMs) that manage drug costs… say specialty drugs now account for 50% or greater of the total prescription spending they manage. In some cases, employer clients are seeing specialty costs account...
Jan 7, 2022 | Brand Name Drugs, Generic Drugs, MedBen Rx, Pharmacies, Prescription drugs, Rx Costs, Savings, Specialty Drugs
GoodRx is currently compiling a list of drugs that will cost consumers more in 2022. By January 17, 669 drugs will have experienced price increases, with an average increase of 5.0%. All but 11 on the list are brand-name medications. The list includes such well-known...
Nov 12, 2021 | Comparative Effectiveness, Evidence-based research, Generic Drugs, MedBen Rx, Prescription drugs, Rx Costs, Rx Spending, Savings, Specialty Drugs
MedBen Rx comparative effectiveness brings clinical research and employers together to find the most effective drugs at the best cost. You can save 10-40% on pharmacy costs by changing to drugs with better outcomes. The benefits of comparative effectiveness include:...
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...
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...
Oct 20, 2020 | Brian Fargus, Caroline Fraker, MedBen employees, MedBen Rx, Pharmacogenomics, Specialty Drugs
MedBen Vice Presidents Caroline Fraker and Brian Fargus were among the featured speakers at the Sherrill-Morgan 7th Annual Healthcare Innovation Conference on Thursday, October 1. In her presentation, Senior Vice President Fraker discussed the potential problems of...