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Prescription Drug Discount Programs | MI Benefit Consultants

Did you know that you can save time and money on your prescription drugs by simply signing up for a discount card online? With savings as much as 80% off, these discount cards keep your health care costs down even when the prices of prescriptions are sharply rising.  At no cost to the patient, discount … Continued

Medicare Part D: Creditable Coverage Disclosures | MI Benefit Advisors

Entities such as employers with group health plans that provide prescription drug coverage to individuals that are eligible for Medicare Part D have two major disclosure requirements that they must meet at least annually: Provide annual written notice to all Medicare eligible individuals (employees, spouses, dependents, retirees, COBRA participants, etc.) who are covered under the … Continued

Solving the Prescription Puzzle | MI Benefit Advisors

Determining how an employer develops the most effective formulary, while protecting the financial stability of the plan, is certainly the challenge of this decade. Prescription management used to mean monitoring that the right people are taking medications to control their disease while creating strategies to move them from brand name to generic medications. With the … Continued

Mail Order or Not? | Rochester Hills Benefits Broker

By Mary Delaney, MSPT, CWP Managing Director for Vital Incite, A UBA Partner-Provided Solution In 1990, Health Affairs* reported “The escalating costs of prescription drugs and competition among pharmaceutical firms for customers are drawing the attention of policymakers, pharmacies, and individual and institutional purchasers. Mail-order pharmacies recently have grown in prominence as a competitive alternative … Continued

Industry Trends Emerge in Mail Order Drug Benefits | MI Employee Benefits

By Mary Drueke-Collins, FSA Vice President of Employee Benefits for Swartzbaugh-Farber & Associates, Inc. A UBA Partner Firm Mail order has always been a convenient way for individuals to keep their maintenance drug prescriptions filled. Employers often wonder, are there other advantages to using mail order other than convenience? As an employer, should we be … Continued