Jul 20, 2020 | Cancer, MedBen WellLiving, Savings, Self-funding, Wellness
A new study predicts that annual costs associated with cancer treatment are expected to exceed $245 billion by 2030, nearly a 34% increase from 2015 billing. Specifically, medical care costs are expected to grow to $221 billion, with prescription drugs adding another...
May 17, 2020 | Alternative Plan Design, Direct-to-Employer Contracting, MedBen University, Prescription, Reference-Based Pricing, Roundtables, Savings, Self-funding, Third party administration
Self-funding provides unique ways to save plans money, and MedBen knows how to deliver those savings, said President & CEO Kurt Harden at the 4th Annual Employer Roundtable Webinar on May 14. “In this time that we’re all trying to look at cost,...
Apr 17, 2020 | Alternative Plan Design, Claims Management, Cost Savings, COVID-19, Direct-to-Employer Contracting, MedBen Rx Advocate, Plan Design, Prescription, Reference-Based Pricing, Self-funding, Third party administration, Wellness
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...
Mar 5, 2020 | Affordable Care Act, Government, News, Self-funding
On Monday, March 2, the Supreme Court agreed to hear a third major case on the Affordable Care Act (ACA) with the potential to wipe out the entire law – including the employer mandate requiring minimum essential coverage be offered to employees. The New York Times...
Dec 27, 2019 | Announcements, Claims Management, Cost Savings, Health Plan Management, Kurt Harden, MedBen Access, MedBen Analytics, MedBen Rx, Mobile App, Online Services, Prescription, Preventive Care, Primary Care, Reporting, Rx Costs, Savings, Self-funding, Third party administration, Wellness
Welcome to a new decade! During the past 19 years, MedBen has dedicated itself to finding ways to enhance your benefits experience, from claims surveillance that ensures you pay the right cost for the right care to our money-saving MedBen Rx pharmacy solutions that...
Dec 20, 2019 | Affordable Care Act, Announcements, Cadillac Tax, Caroline Fraker, IRS, News, PCORI, Self-funding
On December 19, the Senate passed the $1.4 trillion end-of-year spending package that will fund the government through September 2020. The bill brings self-funded employers good news and bad news: If signed by President Trump, it would finally repeal the so-called...
