Cancer and Mental Health Claims Jumped in 2020
Cancer continues to be the most costly medical condition, according to a recent report from stop-loss carrier Sun Life. In 2020, cancer cases that resulted in stop-loss claims increased by 16%, and cancer drugs made up nine of the top ten high-cost drug claims. The...
MedBen Office Closed in Observance of Labor Day
MedBen will be closed on Monday, September 6 in observance of Labor Day. We will reopen at 8:00 a.m. EST Tuesday, September 7. Just a reminder that a variety of claims and benefits services can be found at MedBen Access, available online or by downloading our mobile...
WellLiving Clients Continue to Spend Less
Last year, MedBen’s WellLiving block had 8.8% less claim costs compared to those who didn’t utilize WellLiving. But that number doesn't tell the whole story. Over the past five years, the cost gap between WellLiving and non-WellLiving members has continued to...
Are Generics Always Your Best Rx Value?
Generic doesn't always mean cheap. As this list recently compiled by GoodRx demonstrates, the monthly cost of some popular generic drugs can actually rival or exceed well-known brand medications. MedBen Rx comparative effectiveness ensures that members are using the...
COVID-19 Testing Coverage Requirement Extended
The Department of Health and Human Services recently extended the COVID-19 public health emergency until October 18, 2021. This means that the Families First Coronavirus Response Act (FFCRA) requirement that health plans pay for COVID-19 testing (including antibody...
MedBen Claims Review Counters High-Cost Claims
The number of claims in excess of $1 million has risen at an unprecedented rate in recent years... but MedBen forensic claims review is helping to control the effect of high-cost claims. The graph below from stop-loss carrier Tokio Marine HCC shows its 2012-20...
Offering an FSA Makes Savings Simple
Offering a flexible spending account (FSA) to your plan members is one of the most effective and simplest ways to decrease health care costs. Because every FSA payment is made with tax-free dollars, the savings are built right in. There are a variety of ways to use...
Telehealth Use Drops Off, But Still Exceeds Pre-COVID Levels
Telehealth use has dropped from its peak in 2020, but remains significantly higher than pre-COVID levels. The MedBen Analytics chart below shows telehealth activity for MedBen's total client block from January 2020 through June 2021. Mood and anxiety disorders,...
Stay Compliant with MedBen COBRA Administration
With The American Rescue Plan Act (ARPA) currently requiring self-funded employers to cover the full cost of COBRA continuation coverage until the end of September, MedBen can help you with expert COBRA administrative services. MedBen offers turn-key COBRA...
Get Total Transparency in Pharmacy Management
Lack of disclosure is a common theme for many pharmacy benefit managers (PBMs), be it with employers or state governments. From Benefits Pro: "At least a half-dozen states and the District of Columbia are investigating pharmacy benefit managers, The Wall Street...
Benefits of Dental Coverage Don’t Stop with Checkups
Adding MedBen PreceDent promotes preventive dental care, which helps reduce the need for costly crowns and dental implants down the road. Members can choose to use our extensive dental network or visit non-network providers if they prefer. Offering a dental plan...
Download the 2021 MedBen Client Report Today!
The 2021 MedBen Client Report is now available for download at MedBen.com. In addition to detailing the ways that our clients are spending less on health care, this year's Client Report highlights the priority MedBen places on client service: Members connect to a...