MedBen Benefits Advisory Conference Highlights Health Plan Innovations
MedBen recently had the honor to welcome some of the most respected names in the benefits management industry. At the invitation-only 2024 Benefits Advisory Conference on January 26, attending brokers learned about health plan innovations that will help self-funded...
“Unwrap” Your High Out-of-Network Claim Costs
Even with a solid primary network plan in place, expensive out-of-network medical bills can result in higher-than-expected health care costs. To guard against this, MedBen offers Unwrapped, a comprehensive pricing solution that reduces your billed changes by an...
Tackle Specialty Drugs with MedBen Rx’s Benefit Preservation Program
A recent Segal Health Plan Cost Trend Survey projects 2024 cost trend for prescription drugs to approach 10%... but specialty drug trend alone may reach 15% this year, as increased use of expensive drugs continues to drive costs up. (We've actually seen specialty drug...
Download the Annual Compliance Deadlines List
To keep you "in the know" about mandatory regulatory due dates for health plan sponsors, the MedBen Compliance team has again compiled a "Self-funded Plan Sponsors Annual Compliance Deadlines" list. MedBen clients can contact their Account Management team to receive a...
Drugmaker Taking Weight Loss Drug Sales Directly to the Patient
A major drug manufacturer is stepping up efforts to make its new weight-loss drug more accessible to potential users. Eli Lilly recently launched LillyDirect, a direct-to-consumer platform that connects obese patients to telehealth doctors who can prescribe the GLP-1...
Exploring Your Plan’s Spousal Eligibility Limitation Options
Back about a decade ago, a big company adding spousal eligibility limitations to their health plan was actually headline news. But nowadays, it's an increasingly common practice, for several good reasons: Employers that add spousal eligibility limitations typically...
Why Are Cancer Screenings Important?
A recent Wall Street Journal article on updated breast and colon cancer guidelines offers a useful reminder on the importance of following recommended cancer screenings, in terms of better outcomes and lower costs. First and foremost, by following a recommended cancer...
500+ Drugs Will See Price Increases in January
Pfizer, Sanofi, Takeda Pharmaceutical, and other drugmakers will raise the prices of more than 500 drugs in early January, according to an analysis by health care researchers 3 Axis Advisors. Inflation and rising manufacturing costs will contribute to the price...
IMPORTANT: IRS Revises Rules for Filing Electronic Returns
Last year, the IRS finalized rules requiring all employers filing ten (10) or more returns to make those filing electronically, via the IRS’ e-File system. The 10-form threshold is determined based on the total number of forms the employer is required to file with the...
Miller, Peters Named Client Services Managers
MedBen is pleased to announce the promotions of two long-serving members of our Client Services team. Megan Miller has been named Manager of Client Services for MedBen Administrators, and Bethany Peters has been named Manager of Client Services for MedBen Rx. As...
MedBen 2023 Client Satisfaction Survey Results
Here are results from MedBen Client Satisfaction Surveys received in 2023 (rating averages based on a 1-to-5 scale): Overall Satisfaction4.8 Claims Payment Accuracy4.8Claims Payment Turnaround4.7Client Services4.6Monthly Billing4.9 Whether you are totally satisfied...
Did You Know? IRS Revises Rules for Filing Electronic Returns
Last year, the IRS finalized rules requiring all employers filing 10 or more returns to make those filing electronically, via the IRS’ e-File system. The 10-form threshold is determined based on the total number of forms the employer is required to file with the IRS,...