Chart Compiles COVID-19 Health Plan Effective Dates
Keeping track of the various changes affecting self-funded plans in the wake of the pandemic can be a challenge. To help clients remember what's currently required or requested of them, MedBen has compiled a chart showing all the COVID-19 health plan effective dates....
MedBen Conducts 14th Annual Municipality Roundtable Webinar
From 2015 to 2019, MedBen’s municipality block saw just a 2.7% trend on total claim costs. At the 14th Annual Municipality Roundtable Webinar on April 30, Vice President of Sales & Marketing Brian Fargus shared that municipality medical costs trended at 3.4%...
Patient Volume Plummets, But Telehealth Visits Jump
A recent survey on physician practices during the COVID-19 pandemic revealed that patient volumes are down 65% and will likely remain low in the coming months. Conversely, MedBen saw telehealth increase in utilization and claim costs from February to April. It’s...
COVID-19 Medical Funding Brings Up “Balance Billing” Question
In the wake of the pandemic, federal officials are offering emergency funding to hospitals, clinics and doctors’ practices – but with an interesting stipulation. Providers accepting the funds cannot impose surprise medical bills on COVID-19 patients, such as “balance...
MedBen Holds 5th Annual Broker Roundtable Webinar
On April 16, MedBen University (MBU) held its first event of the 2020 season with the 5th Annual Broker Roundtable Webinar. This webinar brought together brokers from five states to review cost and utilization trends, market strategies, and ways to help maximize value...
MedBen Helps Clients Beat National Trends, Regardless of Economic Climate
BenefitsPRO reports that “employers’ health care benefit costs could jump by as much as 7 percent this year due to the COVID-19 outbreak – on top of the 5 percent increase that employers had previously projected before the pandemic.” That’s why it’s essential for...
MedBen COVID-19 Resource Center Reminder
Just a brief reminder that the COVID-19 Resource Center, available at MedBen.com, offers a convenient way for MedBen clients to stay up to date on federal and state rules that affect their self-funded plan. You can also find COVID-19 statements from our stop-loss...
MedBen Achieves ISO 9001:2015 Recertification
To ensure that clients continue to receive the highest quality service possible, MedBen has again earned ISO 9001:2015 recertification following its most recent audit. “The ISO 9001:2015 standard outlines the requirements needed to maintain a successful Quality...
MedBen Rx Advocate Clients See Substantial Savings
MedBen Rx Advocate clients were able to realize an average savings of 14.8% per employee in 2019 compared to traditional pharmacy plans. These savings are due in large part to our “cost plus” pricing model, and flexible and lowest net cost-driven formularies. Only...
COVID-19 Resource Center Now Available at MedBen.com
To give our clients easy access to useful COVID-19 group health plan and employer-related information, MedBen has assembled a COVID-19 Resource Center at MedBen.com. On this dedicated page you'll find links to a range of COVID-19 information pertinent to your group...
Prescriptions No Longer Needed for Over-the-Counter Drug Purchases with FSAs, HRAs and HSAs
The CARES Act signed into law by President Trump on March 27 permanently reinstates coverage of over-the-counter (OTC) medications as eligible for reimbursement from FSAs, HRAs and HSAs without need for a prescription. Under the reinstated coverage, account funds can...
COVID-19 News and Regulatory Recap
The COVID-19 pandemic has resulted in a rush of new federal and state laws to address the need for testing and treatment of the coronavirus, in addition to resulting issues from work and child care changes. Many of these rules directly affect MedBen clients, so it’s...