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Getting Down to the (MedBen) Basics

Apr 25, 2023 | MedBen Access, MedBen Basics, MedBen Rx, Mobile app, Online Services, Prescription drugs, Prescription Portal

Health benefits management can be a complicated business, but that doesn’t mean it has to be. To help make things a bit more clear cut, MedBen offers dozens of MedBen Basic handouts on a variety of topics. While many of our Basics are directed at plan...

Drugmakers (Kind of) Lower Insulin Costs

Mar 21, 2023 | Brand Name Drugs, Diabetes, Generic Drugs, MedBen Rx, MedBen University, Pharmacy Benefits Manager (PBM), Prescription drugs, Rx Costs, Rx prices, Savings

Earlier this month, drug manufacturer Eli Lilly announced that it cutting the cost of two of its prescription brand insulins, Humalog and Humulin, by 70%, and capping out-of-pocket costs for privately insured patients at $35 a month. Competing...

Drugmakers Raising Prices on Over 350 Drugs in January

Jan 6, 2023 | Comparative Effectiveness, Cost Plus Pricing, MedBen Rx, News, Prescription drugs, Rx Costs, Rx prices, Specialty Drugs

From Reuters: “Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb, AstraZeneca PLC and Sanofi SA plan to raise prices in the United States on more than 350 unique drugs in early January, according to data analyzed by healthcare research...

Pharmaceutical Companies Represent Nearly 2/3rds of Top Health Care Lobbyists

Dec 22, 2022 | Lobbying, Pharmacy Benefits Manager (PBM), Prescription drugs, Rx Spending

A review of the biggest spenders in health care lobbying by OpenSecrets reveals that, in the leadup to the 2021-22 election cycle, 16 of the top 25 lobbyists were pharmaceutical & health product organizations (see table below). The top health care lobbyist,...

Gene Therapy: Big Benefits at a Big Cost

Dec 12, 2022 | Gene therapy, MedBen Rx, Prescription drugs, Rx Costs, Rx prices, Rx Spending

The Self-Insurer magazine recently examined the emergence of innovative gene therapies that carry substantial benefits… and hefty price tags. The FDA just approved a hemophilia B gene therapy that costs $3.5 million a dose, making it the...

MedBen Rx Solutions Let You Call the Shots

Jan 24, 2022 | MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription drugs, Rx Costs, Savings

Pharmacy benefit managers (PBMs) are profiting at the expense of consumers and payers, finds a new report from the PBM Accountability Group. MedBen Rx counters such tactics with pharmacy solutions that ensure you know exactly what a drug costs. From Benefits Pro:...
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