Oct 22, 2019 | Cost Savings, Savings, Self-funding, Third party administration
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Sep 16, 2019 | Self-funding, Third party administration
A recent article notes that small-business owners, are increasingly concerned with health coverage and cost. While this is true, at MedBen, we know that it’s not just smaller employers, but also large employers, that face challenges in an ever-changing health benefits...
Aug 10, 2019 | Dental, Self-funding, Third party administration, Wellness
With the unemployment rate at historic lows, it’s understandable that employers are searching for a competitive edge when recruiting new employees – and a comprehensive health benefits package may be the answer. Unlike fully insured plans that dictate...
Jul 28, 2019 | Announcements, Claims Management, Client Report, MedBen Analytics, MedBen Employees, MedBen Rx, MedBen University, MedBen WellLiving, News, Self-funding, Third party administration
“2019 marks the 30-year anniversary of Medical Benefits Administrators (MBA). The third party administrator began as a subsidiary… but has grown into our signature enterprise” states Kurt Harden, President and CEO of MedBen, in the 2019 Client Report. Over those 30...
Jun 12, 2019 | Announcements, Caroline Fraker, MedBen Employees, News, Self-funding, SPBA, Third party administration
MedBen Senior Vice President & Chief Privacy Officer Caroline Fraker was recently named Chair of the Society of Professional Benefit Administrators (SPBA) effective June 1, 2019. SPBA is the national association of third party administration (TPA) firms that...
May 19, 2019 | Announcements, Claims Management, Cost Savings, MedBen Rx Advocate, News, Prescription, Third party administration
MedBen medical and pharmacy claim costs rose only 0.4% per employee for clients in 2018, shattering national data norms that reported an average of 6% cost increases. Our pharmacy claim costs alone dropped 2.7% last year, due to the introduction our new program MedBen...
