Apr 19, 2021 | Alternative Reimbursement Strategies, Brian Fargus, Direct-to-Employer Contracting, Government, MedBen Rx, MedBen University, MedBen WellLiving, Municipalities
“From 2016 to 2020, MedBen’s municipality block averaged a minimal 1% annual trend on total claims costs,” said MedBen VP of Sales & Marketing Brian Fargus at the MedBen University Virtual Municipality Roundtable on April 15. Over 75 clients and...
Mar 25, 2020 | COVID-19, Government, Health Savings Accounts (HSAs), IRS, News, Uncategorized
As a result of COVID-19, the Internal Revenue Service (IRS) has clarified that the deadline for making health savings account (HSA) and individual retirement account (IRA) contributions for the 2019 tax year has been extended to July 15, 2020. This matches the new...
Mar 5, 2020 | Affordable Care Act, Government, News, Self-funding
On Monday, March 2, the Supreme Court agreed to hear a third major case on the Affordable Care Act (ACA) with the potential to wipe out the entire law – including the employer mandate requiring minimum essential coverage be offered to employees. The New York Times...
Feb 9, 2020 | Alternative Plan Design, Announcements, Direct-to-Employer Contracting, Government, Health Plan Management, Hospitals, MedBen Rx, MedBen University, Municipalities, Plan Design, Prescription, Private employers, Reference-Based Pricing
Our educational seminar series MedBen University (MBU) offers a range of informative and timely topics about benefit planning. This year’s topics of discussion include: Direct-to-employer contracts and reference-based pricing strategies; Rx solutions that are proven...
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...
May 3, 2019 | Billing, Compliance, Government, Health Care Reform, Self-funding, Third party administration
MedBen Senior Vice President Caroline Fraker visited Washington, D.C. with fellow members of the Society of Professional Benefit Administrators (SPBA) Board of Directors on April 23, to speak with House Committee on Education and Labor officials on the subject of...