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MedBen Cost Containment Saves Clients Over $7 Million

02/27/09

  04:20:45 pm, by MedBen5   , 164 words,  
Categories: Announcements, Discounts, Health Plan Management

MedBen Cost Containment Saves Clients Over $7 Million

MedBen Cost Containment Sample Case Study

The savings keep on coming!

Since introducing new claims cost containment measures in September of 2007, MedBen has saved clients an additional $7.3 million as of February 2009 – over $2 million the past six months alone! This is savings produced before claims are paid, and beyond what MedBen provides through plan provisions, medical management and other cost controls.

MedBen is a member of the AWAC Alliance, a physician-driven organization that provides advanced systems for cost containment. After MedBen applies network discounts to medical and Rx claims, AWAC uses surveillance software to screen every MedBen claim regardless of size, at no cost to the client. 80,000 clinical and financial algorithms are used to identify savings opportunities.

When the software flags a claim, it can be negotiated physician-to-physician for further savings, or ongoing care can be coordinated through AWAC. On average, MedBen and AWAC save clients 43% per flagged claim.

To learn more about ways MedBen can save your business money, please contact the MedBen Sales & Marketing Department at (888) 627-8683.

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