MedBen Rx Blog
A Clear Path to Lower Pharmacy Costs
Across the country, more employers are moving away from traditional pharmacy benefit managers in favor of transparent solutions. MedBen Rx has been ahead of this trend for years, offering clients clarity and lower costs that others are only now beginning to...
Nutrigenomics: Personalizing Nutrition for a Healthier Workforce
Nutrigenomics is also known as "personalized nutrition" because it considers an individual's unique dietary needs as well as their health status and lifestyle. Nutrigenomic testing through MedBen Rx brings this emerging science into the workplace, offering your...
AMA Raises Concerns Over PBM Market Concentration
A new paper from the American Medical Association (AMA) has found that the pharmacy benefit manager (PBM) marketplace remains highly concentrated, with just a few major players controlling most of the activity. Many of these PBMs are vertically integrated with health...
Cutting Specialty Drug Costs Without Cutting Access
Specialty medications continue to drive a disproportionate share of prescription drug costs – often accounting for 60% or more of a pharmacy plan’s total spend. MedBen Rx’s Benefit Preservation helps plans manage these expenses without compromising...
Major PBMs Are Blocking Biosimilar Savings, but MedBen Rx Offers a Better Path
The advantages of biosimilars – clinically equivalent versions of high-price biologic drugs – have been known for years. But despite their growing availability, adoption remains slow... in no small part because major PBMs are stifling uptake. Fortunately,...
High-Value Formulary Helps Members Resist the Pharma Ad Blitz
Pharmaceutical advertising hit a record high in 2024, with the top 10 drugs accounting for $3.3 billion in ad spending – up nearly 20% from the previous year. With more campaigns directly targeting consumers, MedBen Rx’s high-value formulary educates members about...
Reclaim Your Prescription Drug Spend with Smarter Pharmacy Benefits
The 2025 Milliman Medical Index confirms what many employers are seeing firsthand: prescription drug costs are rising faster than any other health care expense, with a 9.7% increase over the past year. To help employers reclaim their drug spend, MedBen Rx offers a...
Price Check: How the U.S. Compares Globally on Prescription Costs
A recent Statista article examines the disparity in prescription drug spending across countries. The Organisation for Economic Co-operation and Development (OECD) ranks the United States highest in average spending, at $1,218 per resident – over $200 more than...
Prescription Drug Spending Surges in 2024, Led by GLP-1s
Prescription drug spending in the U.S. climbed 10.2% in 2024, reaching nearly $806 billion, according to a report from the American Society of Health-System Pharmacists. A significant portion of this growth is attributed to the rapid rise of...
Momentum Grows Against PBM-Owned Pharmacies
On April 16, Arkansas became the first state to ban pharmacy benefit managers (PBMs) from acquiring an interest in – or otherwise directly or indirectly holding a permit for the retail sale of – prescription drugs, including mail-order...
REMINDER: Stelara Biosimilar Available through MedBen Rx
Earlier this month, MedBen Rx clients and their brokers were emailed about an opportunity to receive preferred pricing for the biosimilar for the anti-inflammatory medication Stelara. Depending on the dosage, this biosimilar can reduce the cost of the medication by...
JPMorgan Sued for Allowing Inflated Drug Prices through its PBM
Current and former employees are suing the financial services firm JPMorgan for allowing inflated drug prices through its partnership with pharmacy benefits manager (PBM) CVS Caremark. The plaintiffs claim that poor PBM oversight led to unnecessarily high prescription...