Blog

Comparing Traditional and Pass-Thru PBM Contracts

As an agent or a plan administrator, it is important to understand how PBM contracts compare – “not just in terms of the numbers calculated for things like discounts and rebates, but also in terms of how they function and align (or fail to align) with your client’s...

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MedBen Rx Saves

Three-quarters of MedBen clients use MedBen Rx prescription programs and are seeing the benefits first-hand. By utilizing our forward-thinking pharmacy solutions, these groups realized an average savings of 14.8% per employee per year, compared to those using other...

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MedBen Conducts 14th Annual Municipality Roundtable Webinar

From 2015 to 2019, MedBen’s municipality block saw just a 2.7% trend on total claim costs. At the 14th Annual Municipality Roundtable Webinar on April 30, Vice President of Sales & Marketing Brian Fargus shared that municipality medical costs trended at 3.4%...

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No Change In Drug Refill Policy Recommended

With the novel coronavirus COVID-19 a constant topic in the news nowadays, many consumers are stocking up on various drugs. MedBen is recommending no change to the current prescription drug refill guidelines for our clients and here’s why: Most wholesalers have a good...

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MedBen Rx Clients Still Saving in Midst of Rising Drug Prices

It is not uncommon for drug manufacturers to raise prescription drug prices at the beginning of the year, and 2020 is no exception. According to new consultancy data, U.S. drug prices increased an average of 5.3 percent on January 1st. Among the common medications...

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Research Suggests Statins Linked to Anti-Cancer Benefits

According to American Heart Association, about 40 million adults in the U.S. take a statin to lower their cholesterol and reduce the risk for heart disease – and new research suggests that they might also be getting an added anti-cancer benefit. The study found that...

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Heart Medication Therapy Can Be Just as Effective as Surgery

At the annual meeting of the American Heart Association, researchers reported that patients who received drug therapy alone did not experience more heart attacks or die more often than those who also received bypass surgery or stents – further evidence that a...

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MedBen Rx Solutions for Prescription Pricing

Prescription drug pricing is regularly a hot topic in the news and from political candidates. While lawmakers seek to address consumer concerns, MedBen already has innovative pharmacy solutions in place that offer employers price transparency and cost savings. With...

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MedBen Rx Advocate Eliminates the “Spread”

A key to reducing pharmacy plan costs is to eliminate the use of spread pricing – the difference between what pharmacy benefit managers (PBMs) charge employer plans for drugs and what the actual pharmacy pays for them. Often, this “spread” can be substantial, as PBMs...

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