Alternative Pricing Strategies Save You Money
Alternative pricing strategies like reference-based pricing, direct-to-employer contracting, and commercial bundled payments are gaining in appeal – but these solutions are nothing new for MedBen. Many of our clients have had these strategies in place for years and...
Baumer Named Account Manager
MedBen is pleased to announce that Sharon Baumer has been promoted to the position of Account Manager. In her new role, she will take on additional oversight responsibilities of MedBen self-funded groups while continuing to serve daily client needs and conduct onsite...
High Cholesterol Affects 35 Million Americans
High cholesterol is nothing new; In fact, a recent discovery found that four-thousand-year-old mummies had cholesterol buildup in their arteries, suggesting that heart disease was likely more common in ancient times than once thought. Today, more than 35 million...
By the Numbers: Your 2020 Health Plan Budget
Working on your 2020 health plan budget? If so, you’ll want to keep the following limitations and penalties in mind. The following apply as of the first day of your plan’s 2020 plan year: Standard Plan In-Network Out-of-Pocket Maximums $8,150 for self-only...
Once Again, MedBen Beats National Cost Trend
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Once Again, MedBen Beats National Cost Trend
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
MedBen Rx Advocate Eliminates the “Spread”
A key to reducing pharmacy plan costs is to eliminate the use of spread pricing – the difference between what pharmacy benefit managers (PBMs) charge employer plans for drugs and what the actual pharmacy pays for them. Often, this “spread” can be substantial, as PBMs...
Get the MedBen Access Mobile App!
MedBen clients can now get detailed information about their health care coverage direct to their mobile device! Just search for “MedBen” in the iTunes or Google Play app store and download MedBen Access Mobile to your smartphone or tablet. When you log in, you’ll see...
Technology Strengthens Broker-Client Relationship
In a recent survey, 95 percent of employers said they consider technology a “must-have” or “very important” in their day-to-day job functions. Additionally, 78 percent of employers said they’re satisfied with the frequency of communication about technology from their...
MedBen Claims Surveillance Combats Wasteful Spending
Health care can already be expensive, so why allow unnecessary costs? Unfortunate but true, waste accounts for about 25% of U.S. health care spending – and with self-funding, that can be a sizable expense for an employer. At MedBen, we work to keep clients’ money...
Your Feedback Helps MedBen Maintain Quality
As a MedBen client, your feedback is essential to helping us to maintain quality in everything we do. For that reason, when you fill out a MedBen Client Satisfaction Survey, we encourage you to share your thought with us. During our semi-annual ISO 9001 audits,...
MedBen Recognizes Employees
Each year, MedBen takes an afternoon to recognize employees and hosts a company-wide social event. At this year’s event on September 13, employees enjoyed a great lunch while honoring co-workers who reached anniversary benchmarks in 2019. Among those celebrating…...