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Comparing Traditional and Pass-Thru PBM Contracts

As an agent or a plan administrator, it is important to understand how PBM contracts compare – “not just in terms of the numbers calculated for things like discounts and rebates, but also in terms of how they function and align (or fail to align) with your client’s...

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MedBen Closed July 3rd in Observance of Independence Day

MedBen will be closed on Friday, July 3rd in observance of Independence Day. We will reopen on Monday, July 6th at 8:00 a.m. EST. As always, should a need arise outside of business hours, plan members can check claims information, including status and EOB detail...

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MedBen Analytics Introduces COVID-19 Impact Dashboard

MedBen Analytics has a new COVID-19 Impact Dashboard for plan administrators. From COVID-19 testing claims to telehealth and office visit utilization trends, the dashboard helps to quickly track the pandemic’s effects on your plan. As you review your COVID-19 data,...

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Questions to Ask When Choosing a Stop-Loss Carrier

Stop-loss coverage protects employers against excess and catastrophic claims… and while price is a consideration, it’s important to examine other factors, such as: How long has the carrier been in business? Is the carrier financially sound? What is its A.M. Best...

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PCORI Filing and Fee Due By July 31

As in years past, all self-funded employer health plan sponsors are required to file and pay their Patient-Centered Outcomes Research Institute (PCORI) fee no later than July 31, 2020. As part of the Further Consolidated Appropriations Act of 2020, Congress last year...

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IRS Announces 2021 HSA Cost-of-Living Adjustments

The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2021. HSA Contribution Limits – The annual HSA contribution limit for individuals with self-only HDHP coverage increases to $3,600, while the...

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MedBen Office Closed in Observance of Memorial Day

Our home office and client services will be closed on Monday, May 25 in observance of Memorial Day. We will reopen at 8:00 a.m. EST on Tuesday, May 26. Plan members that need claims and benefits information during the holiday weekend (or any other time) can typically...

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