Reminder: December 2 Is Deadline for 1/1 Clients to Submit Enrollment Data
For MedBen clients with a January 1 effective date, the submission deadline for your open enrollment data is December 2, 2024. If MedBen receives data after this date, we cannot guarantee that it will be loaded in time for certain tasks to be completed, such as data...
Harness the Power of Precision Medicine with Genomic Testing
Genomic testing is revolutionizing precision medicine, offering unprecedented insights into how your body interacts with medications and nutrients. MedBen Rx offers pharmacogenomic and nutrigenomic tests that can help optimize your employees' health care and dietary...
MedBen Connect Clients Seeing Savings
Clients who offer the MedBen Connect technology experience are seeing savings in a variety of ways. On average, 65% of members activate the mobile app, and 15% utilize its services bundle every month. Powered by HealthJoy, MedBen Connect transforms health care access...
MedBen Employees Celebrate Silver Anniversaries in 2024
Four MedBen team members are celebrating a noteworthy event in 2024… their 25th anniversaries with us! We’re proud of our long-time association with each one of them, and their contributions to our growth and continued success cannot be overstated. Below, we spotlight...
Prepping for the 2025 Health Care Cost Forecast
Health care costs in the United States are projected to see their steepest rise in over a decade during 2025, with multiple industry analyses forecasting increases between 7% and 8% year-over-year (see table below). However, MedBen offers solutions that directly...
Disparate PBM Pricing Practices Put Independent Pharmacies at Risk of Closure
KFF Health News reports on the disparity between pharmacy benefit manager (PBM) payments to large pharmacy chains compared to small drugstores: "[An American Pharmacy Cooperative] analysis early this year showed chains were paid well beyond the family business for...
Tri-Agencies Release Women’s Health and Cancer Rights Act FAQ
On October 21, 2024, the Tri-Agencies (HHS, DOL, and Treasury) jointly issued FAQs About Affordable Care Act and Women’s Health and Cancer Rights Act Implementation Part 68. The document provides clarification of preventive service coverage of pre-exposure prophylaxis...
Dittoe, Kane Celebrate 35 Years with MedBen
At a recognition event on October 18, MedBen honored employees who are celebrating benchmark anniversaries with the company in 2024. We congratulate all this year’s celebrants and thank you for everything you do for our clients! Two employees have achieved a...
Rise in Specialty Drug Spend Spurs Innovative Cost-Saving Solutions
Specialty drugs continue to drive up pharmacy costs, accounting for over 50% of total drug spend for many self-funded health plans, despite being used by a small percentage of patients. But pharmaceutical and administrative solutions are available to help reduce that...
The Best Quality Care Starts Early, Says Harden at Conference
On October 1, MedBen Chairman and CEO Kurt Harden spoke on the topic "A Third-Party Payer’s Approach to Providing Quality Care While Minimizing Cost" at the 2024 Ventegra Client Conference. Ventegra serves as MedBen Rx's pharmacy benefits partner. "As a third-party...
MedBen Closing Early on October 18 for Employee Recognition Event
On Friday, October 18, MedBen will be closing at 12:00 p.m. EDT for a company employee recognition event. We will reopen at 8:00 a.m. EDT on Monday, October 21. As a reminder, many of your claims and benefits-related questions (including those pertaining to...
Be Sure to Remind Your Members about 2024 FSA Deadlines
If your plan offers a flexible spending account (FSA) and has a January effective date, please pass on these important reminders to your members. Upcoming FSA Deadlines: December 31, 2024: Last day to use 2024 FSA funds March 31, 2025: Final day for 2024 reimbursement...