Dec 11, 2019 | Announcements, Consumer-driven Health Plans, Flexible spending accounts (FSAs), IRS
Just a reminder that if your plan offers a health flexible spending account (FSA), plan members need to use their tax-free contributions by December 31, 2019 before the remaining funds are forfeited… unless your plan offers a grace period or allows members to...
Dec 6, 2019 | Announcements, Compliance, IRS, News
Happy holidays from the IRS! While many of us are hard at work preparing for the Holidays and getting last minute tasks done at work, the IRS has been thinking about the first quarter of 2020. As we all know, if you’re a self-funded employer, January is the time...
Nov 26, 2019 | Announcements, Caroline Fraker, Compliance, Government, News, Online Services, Regulatory
In response to a White House Executive Order, on November 15th the Departments of Health and Human Services (HHS), Treasury and Labor issued a final regulation requiring hospitals to disclose their negotiated prices for up to 300 “shoppable” medical items and...
Nov 14, 2019 | Announcements, Client Services, MedBen Access
Happy Thanksgiving from the staff of MedBen! To observe the holiday, MedBen will be closed on Thursday, November 28 and Friday, November 29. We will reopen at 8:00 a.m. EST on Monday, December 2. Should you need claims and benefits information about your plan when...
Nov 8, 2019 | Announcements, Consumer-driven Health Plans, Flexible spending accounts (FSAs), IRS, News
The Internal Revenue Service (IRS) has announced the annual inflation adjustment for flexible spending accounts (FSAs) for the 2020 tax year. As has been the case in previous years, contribution limits will see only modest increases or remain unchanged. The 2020...
Oct 28, 2019 | Account Management, Announcements, Client Services, MedBen Employees
MedBen is pleased to announce that Sharon Baumer has been promoted to the position of Account Manager. In her new role, she will take on additional oversight responsibilities of MedBen self-funded groups while continuing to serve daily client needs and conduct onsite...
