FSA Store – A Convenient Way to Spend Unused FSA Funds
"How do I spend down my extra FSA funds?" is a question MedBen regularly gets this time of year. Fortunately, there's a convenient way for your plan members to shop for useful FSA-eligible products before year's end (or before their grace period ends, as the case may...
Health FSA Contribution Max Jumps $200 in 2023
The IRS has announced 2023 cost-of-living adjustments for health flexible spending accounts (FSAs) and other tax provisions related to consumer-driven plans. The maximum voluntary employee salary reduction contribution to Health FSA gets a $200 bump, reflecting...
The Best Way for MedBen to Ensure Quality Service Is…
YOUR FEEDBACK! MedBen recently completed a successful ISO 9001 audit to confirm that stated quality objectives are being met... but even so, the most effective tool to ensure we meet your expectations is your feedback.If you haven’t yet filled out a MedBen Client...
MedBen Rx Offers Unique Savings Opportunity
Hospitals and other qualified entities have a unique opportunity for pharmacy savings through Own Use. This innovative program can save MedBen Rx clients as much as 35% when compared to standard PBM pricing.Own Use brings together non-profit health care systems and...
MedBen Closed November 24 & 25 for Thanksgiving Holiday
MedBen will be closed on Thursday, November 24 and Friday, November 25 to celebrate Thanksgiving. We will reopen at 8:00 a.m. EST on Monday, November 28. Should you need claims and benefits information about your plan, our MedBen Access online service is available...
Gain Plan Insights with MedBen Analytics
Take control of your plan with the MedBen Analytics employer dashboard. Using your data, our dashboard allows you to: Track claim trends. Examine past claims experience and what’s happening nowForecast future claims. Use our predictive...
MedBen Employees Celebrate Silver Anniversaries
Four MedBen team members are celebrating a noteworthy event in 2022... their 25th anniversaries with us! We're proud of our long-time association with each one of them, and their contributions to our growth and continued success cannot be overstated.Below, we...
Employees Celebrate 30th Years with MedBen
MedBen recently honored employees who are celebrating benchmark anniversaries with the company in 2022 – including eight who are observing their 30th year with us! Below, we spotlight the 30-year celebrants and their response to the question, "What do you...
Alternative Reimbursement Strategies Win Big for Employers
Employers who use the pricing control and consistency of MedBen's alternative reimbursement strategies can lower their claim costs substantially compared to traditional PPO plans. Our proven solutions include: Traditional reference-based pricing...
Don’t Be an ATM for Your PBM!
Major pharmacy benefit managers (PBMs) use "smoke and mirrors" to make you believe they're saving you money on prescription drugs: On the one hand, PBMs offer you administrative fee credits – fixed cost reductions that make up just a small portion of plan expenses. On...
Have You Reminded Plan Members to Schedule Their Wellness Exams?
Hard to believe, but we're already in the final quarter of 2022... so if you haven't reminded your plan members to schedule their annual wellness exam yet, do it now!Your plan may require members to get their wellness exam by December 31 to stay compliant – and...
MedBen Client Saves $2.21 Million Using Direct-to-Employer Contracting
A MedBen Client switched from a traditional PPO plan to direct-to-employer (DTE) contracting in 2020. They contracted directly with a local health system, and added a wrap-around PPO network for out-of-area care. By using DTE contracted providers, any chance of...