Nov 12, 2020 | Cancer, MedBen WellLiving, Preventive Care, Wellness
A new report from the American Cancer Society’s Cancer Action Network predicts that 1.8 million new cases of cancer will be diagnosed in the U.S. in 2020 at a cost of $200.7 billion. Almost 17 million Americans living today have a cancer history. Employers can help...
Oct 15, 2020 | Cost Savings, Lifestyle, MedBen WellLiving, Preventive Care, Savings
Preventive care and better lifestyle choices could reduce annual U.S. health spending by $730 billion, according to a new report. The study found modifiable health costs were largely due to five risks: overweight/obesity, high blood pressure, high blood sugar, poor...
Aug 22, 2020 | Cost Savings, MedBen WellLiving, Preventive Care
MedBen WellLiving quality metrics beat national averages by 17.2%. And WellLiving clients are not only performing better on quality metrics, they’re also performing better financially: Claim costs per employee for WellLiving clients trended at 3.2% between 2016 and...
Aug 21, 2020 | Announcements, Consumer-driven Health Plans, Flexible spending accounts (FSAs), MedBen Access, MedBen WellLiving, Preventive Care, Wellness
MedBen will be closed on Monday, September 7 in observance of Labor Day. We will reopen at 8:00 a.m. EST Tuesday, September 8. Even when we’re closed, MedBen Access stays open. You can find fast answers for your claims and benefits questions by going to our online...
Jul 23, 2020 | Compliance, MedBen Analytics, MedBen WellLiving, Preventive Care, Reference-Based Pricing, Wellness
Now that one-third of MedBen’s block of business uses some form of reference-based pricing (RBP) or direct-to-employer (DTE) contracting, these alternative reimbursement strategies are outperforming standard PPO plans in multiple ways. In terms of costs, MedBen...
Jul 20, 2020 | Cancer, MedBen WellLiving, Savings, Self-funding, Wellness
A new study predicts that annual costs associated with cancer treatment are expected to exceed $245 billion by 2030, nearly a 34% increase from 2015 billing. Specifically, medical care costs are expected to grow to $221 billion, with prescription drugs adding another...
