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...
May 6, 2019 | Alternative Plan Design, Case Studies, Cost Savings, Direct-to-Employer Contracting, Self-funding, Third party administration
MedBen facilitates direct-to-employer contracting, bringing together employers and providers in plans that promote regional care. Recently, a client looking for cost reduction opportunities saw the benefits first-hand. A manufacturer with a traditional PPO plan...
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...
Mar 10, 2019 | Announcements, Direct-to-Employer Contracting, MedBen Employees, MedBen Rx Alliance, News, Third party administration
Once again, MedBen has topped the list of Largest Central Ohio Employee Benefits Companies as ranked by Columbus Business First in their February 15, 2019 issue. “While we have clients all across the country, our roots are firmly planted in Central Ohio,”...
Feb 22, 2019 | Announcements, Claims Management, Cost Savings, Third party administration
MedBen takes pride in its expert claim examiners – indeed, in our most recent audit our team received a payment accuracy rating of 99.9%. But when we receive a claim that merits further inspection, our advanced surveillance system lends a hand. Electronic surveillance...
Jan 11, 2019 | Affordable Care Act, Claims Management, Health Care Reform, Plan Design, Plan Language, Reporting, Research, Third party administration
The latest Employee Benefits Survey by the International Foundation of Employee Benefit Plans (IFEBP) revealed that just one in five employers (20.1%) use spousal surcharges or carve-outs for health care coverage when other employer-provided health insurance is...