MedBen 2024 Client Satisfaction Survey Results
Here are results from MedBen Client Satisfaction Surveys received in 2024 (rating averages based on a 1-to-5 scale): OVERALL SATISFACTION4.8 Claims Payment Accuracy4.8Claims Payment Turnaround4.8Client Services4.6Customer Service Courtesy & Professionalism4.7...
Prepping Your 1094/1095 Forms? There’s Good News!
As we enter 2025, all group health plan sponsors are facing the daunting task of preparing and filing 1094 and 1095 forms. But there's good news: Starting this year, employers are no longer required to automatically mail copies of individual 1095 forms to their...
Drugmakers Raising Prices on Over 250 Medications in Early 2025
Pharmaceutical companies are planning to increase prices on over 250 brand-name medications in the United States at the beginning of 2025, according to an analysis by health care research firm 3 Axis Advisors. That's a notable drop from last January, during which more...
Download the 2025 Compliance Deadlines List
The MedBen Compliance team has prepared the 2025 "Self-funded Plan Sponsors Annual Compliance Deadlines" list to help you stay current with all mandatory health plan regulatory requirements. MedBen clients can acquire this valuable reference document MedBen clients by...
Go Paperless – Make the Switch to Electronic EOBs!
Only about 10% of plan members have opted for electronic explanation of benefits (EOBs) through MedBen Access, but making the switch offers advantages beyond saving paper (though that's certainly a plus). By using MedBen Access online or through the mobile app,...
A Note from Our Chairman & CEO
On behalf of the MedBen team, I wish you all the best for the new year and thank you for your continued trust in MedBen. While MedBen has been serving employer groups since 1938, this past year our company marked 35 years of providing third party administration to...
Employers Cite Direct Contracting, Value-Based Formularies Among Cost-Saving Strategies
A recent "Pulse of the Purchaser" survey offers interesting insights about strategies employers are using to successfully lower their medical and pharmacy costs... strategies that, not surprisingly, have long been in use by many MedBen clients. Among them: Employers...
Review Your Plan Performance with MedBen Analytics Reporting
Want to take a deep dive into your 2024 plan performance? If so, there's a great reporting tool you may not be using: MedBen Analytics. Our online portal empowers you to make data-driven plan decisions through an employer dashboard, accompanied by a comprehensive...
Primary Care Essential to Better Heart Health
Primary care physicians are uniquely positioned to help adults improve their cardiovascular health by promoting simple and actionable lifestyle changes, the American Heart Association contends in a recent scientific statement. "Primary care plays a central role in...
Optimize Your Health through Nutrigenomic Testing
Nutrigenomic testing, available through MedBen Rx, analyzes an individual’s genetic makeup to understand how their genes influence their response to nutrition, diet, and lifestyle factors. As the list below shows, the wealth of information uncovered through testing...
IRS Makes Important Change to 1095 File Prep
It is that time of year when self-funded employers need to start preparing for a critical health care reform mandate: Providing the IRS with an accurate accounting of health coverage for full-time employees via IRS Forms 1094 and 1095. And there's an important change...
Season’s Greetings from MedBen!
MedBen will be closed on Christmas Eve (Tuesday, December 24) and Christmas Day (Wednesday, December 25), and reopen at 8:00 a.m. EST on Thursday, December 26. For the New Year’s holiday we will be closed on Wednesday, January 1, and reopen at 8:00 a.m. EST on...