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Category: "Prescription"

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11/19/17

  11:07:00 pm, by MedBen5   , 275 words,  
Categories: News, Prescription, Wellness, Hypertension, Preventive care

New Blood Pressure Guidelines Add Millions to Hypertension Rolls

Nearly half of U.S. adults are now considered hypertensive, based on revised blood pressure guidelines developed by the American Heart Association and other medical groups. A reading of 130/80 will indicate stage 1 hypertension, a reduction from the… more »

While MedBen Closes for Thanksgiving, Online Services Always Open

As the usual end-of-year festivities ramp up, the staff of MedBen would like to take this opportunity to wish you and yours a fun and stress-free holiday season. While MedBen pauses to observe Thanksgiving Day, our offices will be closed on Thursday,… more »

10/20/17

  08:54:00 pm, by MedBen5   , 192 words,  
Categories: News, Prescription, Transparency, Pharmacy benefit manager (PBM)

Pharmacy Benefit Transparency? Nothing New for MedBen Clients

Pharmacy benefit transparency has been given a national spotlight with Anthem’s well-publicized allegations that Express Scripts overcharged them for prescription drugs (creating, in Anthem's words, an “obscene profit windfall”). In the latest… more »
  03:34:00 pm, by MedBen5   , 185 words,  
Categories: Prescription, Reporting, Cancer, Cost savings

Specialty Drug Projection: $25 Billion Annually

According to a recent Mercer survey (as reported by Reuters), over the next five years, between 40 to 50 new specialty drugs will be launched on the market each year. These could increase costs by $25 billion annually. (No, that’s not a typo… $25… more »

10/08/17

  08:31:00 pm, by MedBen5   , 337 words,  
Categories: News, Prescription, Health Care Reform

Issue 2 Offers Uncertainty for Sponsors of Prescription Drug Plans

The Ohio Drug Price Relief Act, better known as Issue 2, has sparked plenty of debate (and earned TV stations a lot of money in ad time). If approved, the initiative would enable the state to buy prescription drugs for Medicaid and state retirement… more »

10/06/17

  10:33:00 pm, by MedBen5   , 154 words,  
Categories: News, Prescription, Health Care Reform

HHS Revises ACA Contraception Mandate

The Trump administration announced on October 6 that the Affordable Care Act’s (ACA) contraception mandate will be scaled back to allow exemptions for employers that claim a religious or moral objection to covering birth control, The Washington Post… more »

09/06/17

  09:52:00 pm, by MedBen5   , 196 words,  
Categories: Prescription, Cost savings, Third party administration

MedBen Claim Surveillance Case Study: $100k In Savings on One Person

MedBen cost containment technology, coupled with professional analysis, is saving a MedBen client almost $100,000 annually. Recently, MedBen's claim surveillance system flagged a claim from a hospital billing for an injectable specialty drug to treat a… more »

07/30/17

  09:26:00 pm, by MedBen5   , 231 words,  
Categories: Prescription, Cost savings, Research

Working Together, MedBen and Employers Consistently Beat Rx Trends

Keeping prescription drug plan costs in check is one of the greatest challenges for self-funded employers nowadays... but year after year, MedBen is helping clients beat pharmacy cost trends. From 2014 to 2016, MedBen clients experienced average… more »

07/14/17

  03:11:00 pm, by MedBen5   , 191 words,  
Categories: Prescription, Cost savings

For Real Rx Savings, Generics (and MedBen) Deliver

When promoting pharmacy plans, third party administrators sometimes play up their brand-name drug discounts... conveniently overlooking the fact that most doctors prescribe generic medications when available. That's why MedBen focuses on the real… more »

05/26/17

MedBen Closed Memorial Day... But We're Open Online!

The staff of MedBen want to wish you and your family a happy and safe Memorial Day weekend! Our home office will be closed on Monday, May 29 in observance of the holiday. We will reopen at 8:00 a.m. on Tuesday, May 30. Should you need claims and… more »

05/01/17

  07:39:00 pm, by MedBen5   , 221 words,  
Categories: Prescription, Wellness, Cost savings, MedBen University, Municipalities

MedBen Municipality Group Costs Rose Just 1% in 2016

Municipality groups administered by MedBen are seeing only minimal cost growth, according to an analysis of industry-specific benchmarks at the 11th Annual MedBen Municipality Roundtable on March 30. In presentations to attending clients, MedBen… more »

04/20/17

  09:03:00 pm, by MedBen5   , 207 words,  
Categories: News, Prescription, Wellness, Research

Prescription Adherence Crucial to Better Population Health

The New York Times reports that approximately 125,000 deaths and at least 10% of hospitalizations can be attributed to lack of prescription adherence. From a financial perspective, negligence costs the American health care system between $100 billion… more »

04/07/17

  10:58:00 pm, by MedBen5   , 271 words,  
Categories: Prescription, Wellness, Hospitals, Cost savings, MedBen University

MedBen Hospital Block Costs Rose Just 4.8% in 2016

At the 15th Annual MedBen Hospital Roundtable, MedBen President and COO Kurt Harden and Vice President of Sales & Marketing Brian Fargus shared with attendees a wealth of information about their medical and pharmacy plans, including how their costs… more »

03/12/17

Final Reminders for MedBen University Roundtables

Two MedBen University industry-specific roundtables are just days away... so if you've been thinking of attending, now is the time to register! On Thursday, March 23, MedBen will host the 15th Annual Hospital Roundtable, sponsored by ISU Stop-Loss.… more »

02/26/17

  09:31:00 pm, by MedBen5   , 172 words,  
Categories: News, Prescription, Wellness

New Physician Guidelines Advise Drug-Free Remedies for Back Pain

A leading physician group advises that people with back pain postpone a doctor's visit until they've tried non-medicinal remedies, Forbes reports. The new guidelines by the American College of Physicians (ACP) recommend avoiding pills and using other… more »

12/01/16

  07:58:00 pm, by MedBen5   , 245 words,  
Categories: Prescription, Health Plan Management, Cost savings

Specialty Drug Growth Shows No Signs of Slowing

The increasing popularity of specialty drugs has brought new challenges to health plan management. However, MedBen has closely followed their growth, and works with clients to develop strategies that balance their medicinal advantages with realistic… more »

11/17/16

  11:04:00 pm, by MedBen5   , 157 words,  
Categories: Announcements, Prescription, Cost savings

2017 Formularies Now Available at MedBen.com

Formulary updates for prescription plans administered by Pharmacy Data Management, Inc. (PDMI) are now available at MedBen.com – simply click on “Plan Sponsors” (for employers) or “Plan Members” (for insureds) and select “Prescription Formularies” from… more »

10/23/16

  10:31:00 pm, by MedBen5   , 264 words,  
Categories: News, Prescription, Cost savings

With MedBen, Drug Rebates Skip the "Middleman"

The ongoing issue of high prescription drug costs have led to media scrutiny, congressional hearings, and charges of price-gouging. MedBen prefers to remain above the fray, and instead focus on ensuring that our clients pay as little as possible for… more »

09/28/16

  05:04:00 pm, by MedBen5   , 282 words,  
Categories: News, Prescription, Health Plan Management, Cost savings, Research, Third party administration

Health Spending Spike: What's Your Plan?

U.S. health care spending growth has been relatively moderate this decade, but some recent numbers suggest that costs could soon see an upswing. For employers, it's an ideal time to review their current health plan administrator and ensure that measures… more »

09/20/16

  07:39:00 pm, by MedBen5   , 237 words,  
Categories: Announcements, Prescription, Health Plan Management, Cost savings

New MedBen Client Report Spotlights Budget-saving Solutions

Group health care plans can take up a sizable chunk of employer budgets, but MedBen offers a variety of ways to free up a portion of those funds for other business matters. In our new MedBen Client Report, we highlight some of the methods we use to… more »

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