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Category: "Prescription"

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04/07/16

  10:35:00 pm, by MedBen5   , 344 words,  
Categories: Announcements, Prescription, Incentives, Cost savings, MedBen University

MedBen Municipality Clients Experience Low 5-Year Cost Trend

MedBen government clients have experienced a cost trend of just 9.3% from 2011 to 2015, said Brian Fargus, MedBen Vice President of Sales & Marketing, at the company's 10th Annual Municipality Roundtable on Thursday, April 7. That breaks down to… more »

04/05/16

  11:29:00 pm, by MedBen5   , 238 words,  
Categories: News, Prescription, Cost savings

Major Price Increases for Leading U.S. Drugs Since 2011

Prices for four of the nation's top 10 drugs more than doubled from 2011 to 2014, according to a new Reuters analysis of proprietary data. The six others went up more than 50%. The highest price jumps among the top 10 drugs include the arthritis drugs… more »

03/25/16

  01:51:00 pm, by MedBen5   , 219 words,  
Categories: Announcements, Prescription, Hospitals, Cost savings, MedBen University

2015 Trend for MedBen Hospital Clients Less Than 3%

At the 14th Annual MedBen Hospital Roundtable on March 24, Vice President of Sales & Marketing Brian Fargus revealed in 2015, total medical and pharmacy costs for the company's hospital block increased only 2.8% from 2014. This continues a five-year… more »

03/22/16

  05:53:00 pm, by MedBen5   , 131 words,  
Categories: News, Prescription, Cost savings

MedBen Rx Once Again Beats National Spending Trends

U.S. spending on prescription drugs rose 5.2% in 2015, according to Express Scripts, the nation's largest pharmacy benefit manager (PBM). But as is the case year after year, MedBen has bucked the national numbers, with an average trend of just 2.5%. As… more »

03/15/16

  09:43:00 pm, by MedBen5   , 102 words,  
Categories: News, Prescription, Wellness

New CDC Guidelines Stress Painkillers as Last Resort

New national standards released by the Centers for Disease Control and Prevention recommend the prescribing of painkillers only after other therapies have failed, reports STAT. The CDC also suggests that if opioids must be prescribed, short-term… more »

02/15/16

  10:32:00 pm, by MedBen5   , 212 words,  
Categories: News, Prescription, Health Plan Management, Cost savings, Third party administration

MedBen Tops Central Ohio TPA Employee Survey

A new Columbus Business First survey reveals that MedBen is Central Ohio's leading third-party administrator, as ranked by local TPA employees. With 147 TPA employees residing in Licking, Franklin and surrounding counties, MedBen employs over 100 more… more »

02/04/16

  10:41:00 pm, by MedBen5   , 257 words,  
Categories: News, Prescription, Cost savings

Drug Price Hikes Another Reason to Have a Smart Rx Strategy

High brand-name drug prices are a frequent topic of discussion, but in recent months, a different wrinkle on pharmacy pricing has joined the conversation: huge increases in individual drug costs. And its another reason that MedBen makes controlling drug… more »

01/05/16

  09:18:00 pm, by MedBen5   , 252 words,  
Categories: News, Prescription, Cost savings

While U.S. Drug Spending Jumps, MedBen Rx Controls Costs

Government numbers indicate that prescription drug spending in the U.S. will likely continue to spike in the coming years... but MedBen is helping its clients to buck the trend. According to a recent analysis by the Centers for Medicare and Medicaid… more »

12/30/15

  04:21:00 pm, by MedBen5   , 300 words,  
Categories: Prescription, Wellness, Cancer

Wellness, Not Drugs, Best Strategy for Cancer Prevention

Not that you really need another reason to preach the importance of timely cancer screenings and preventive care in general, but here's one anyway, via The New York Times: "Most people would agree that it would be better to prevent cancer, if we could,… more »

12/28/15

  08:17:00 pm, by MedBen5   , 211 words,  
Categories: News, Prescription, Wellness

Study Recommends Revising Threshold for Prescribing Blood Pressure Meds

If you've been putting off getting your blood pressure under control because it's "not too high," new research suggests that you talk to your family doctor about medication options... particularly if you're at high risk for a heart attack or stroke.… more »

12/23/15

  09:02:00 pm, by MedBen5   , 254 words,  
Categories: Announcements, Prescription, Wellness, Consumer-driven Health Plans, Online Services, Client Services

Holiday Hours... and a Few Reminders

The staff of MedBen wishes you all the best for the holiday season and the new year! MedBen will close at Noon on Thursday, December 24, remain closed on Christmas Day, and reopen at 8:00 a.m. on Monday, December 28. For the New Year’s holiday, we will… more »

12/15/15

  10:57:00 pm, by MedBen5   , 229 words,  
Categories: News, Prescription, Cost savings

Employers Take Measures to Reduce Specialty Drug Spending

Employer are increasingly looking to control pharmacy plan costs by limiting their responsibility for specialty drugs, finds a new Towers Watson survey. “Although pharmacy represents approximately 20% of employer-sponsored medical benefits costs, it is… more »

12/02/15

  10:11:00 pm, by MedBen5   , 176 words,  
Categories: Announcements, News, Prescription, Health Plan Management

2016 Formularies Now Available on 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 »

11/25/15

MedBen’s Closed On Thanksgiving, But Online Help Is Available 24/7

We’re quickly approaching the holiday season and opportunities to celebrate with family and friends. As we observe Thanksgiving Day, our offices will be closed on Thursday, November 26 and Friday, November 27. MedBen will reopen on Monday, November 30.… more »

11/03/15

  10:47:00 pm, by MedBen5   , 209 words,  
Categories: News, Prescription, Cost savings

As Prescription Drug Use Grows, So Does Need To Control Costs

Pharmaceutical use shows no sign of slowing, with nearly 60% of Americans using prescription drugs in 2011, new research finds. According to Reuters Health, a multi-year study revealed that prescription drug users rose from 51% of U.S. adults in 1999… more »

10/28/15

  02:50:00 pm, by MedBen5   , 249 words,  
Categories: News, Prescription, Wellness

For Diabetes Prevention, Healthy Living Beats Rx Fixes

However obvious it may seem, it bears repeating that the most effective wellness is frequently also the most basic. Case in post: newly released research pitting healthy lifestyles vs. medicine. According to Reuters Health, a 15-year diabetes study… more »

10/14/15

  08:08:00 pm, by MedBen5   , 308 words,  
Categories: Prescription, Cost savings

Pharmacy Costs Rising, But Smart Strategies Can Save Money

The rising price of prescription drugs is a frequently-covered topic in the media, but recent events have shown the spotlight that much brighter. Even so, comparatively little has been written about when patients can do to keep their medication costs in… more »

10/08/15

  05:04:00 pm, by MedBen5   , 210 words,  
Categories: News, Prescription, Cancer

Cancer Doctors Less Inclined To Prescribe High-cost, Low-effect Drugs

Oncologists are becoming increasingly resistant about prescribing expensive last-resort cancer drugs that provide little or no benefits, Reuters reports. In interviews, top cancer specialists say at least a half-dozen drugs, including colon cancer… more »

09/29/15

  11:40:00 pm, by MedBen5   , 350 words,  
Categories: News, Prescription

Multiple Reasons For Rx Cost Spike -- But Solutions Are Available

From 2008 through 2014, average U.S. prices for the most widely used brand-name drugs jumped 128%, according to prescription benefit manager Express Scripts. Not surprisingly, part of that increase is due to expensive new drugs that can cost as much as… more »

09/18/15

  07:05:00 pm, by MedBen5   , 226 words,  
Categories: News, Prescription, Health Care Reform, Consumer-driven Health Plans

OTC Drug Purchases With FSA, HSA, HRA Funds Getting House Push (Again)

Back in the day -- like, four years ago -- there seemed to be a growing consensus that Congress would overturn the provision of the Affordable Care Act that required a doctor's prescription to purchase over-the-counter drugs (OTCs) with FSA or HSA… more »

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