Drugmakers (Kind of) Lower Insulin Costs
Earlier this month, drug manufacturer Eli Lilly announced that it cutting the cost of two of its prescription brand insulins, Humalog and Humulin, by 70%, and capping out-of-pocket costs for privately insured patients at $35 a month. Competing drugmakers Novo Nordisk...
Overcoming Impact of Multi-Million-Dollar Claims Requires Proven Solutions
At the MedBen Broker Roundtable on March 16, Vice President of Sales & Marketing Brian Fargus discussed the trend of rising multi-million-dollar claims, and offered a variety of proven solutions. Citing a recent Sun Life high-cost claims analysis, Fargus said, "In...
Ensuring Health Privacy is a MedBen Priority
Following news that digital health companies GoodRx and BetterHelp shared sensitive user information with advertisers, the Federal Trade Commission (FTC) has requested funds for ensuring health privacy in its 2024 budget proposal. The budget request sites merger...
Lesko Promoted to Director of Client Services, Peters to Client Services Manager
MedBen is pleased to announce that Tracie Lesko, who currently serves as Manager of Client Services, has been promoted to Director of Client Services effective April 1. Taking over her Manager role will be MedBen Account Manager Bethany Peters. A 28-year veteran of...
Have You RSVP’d for a MedBen University Roundtable?
A reminder: MedBen University will soon be in session! Throughout March, MedBen University (MBU) will be conducting virtual employer roundtables. These free webinars will discuss current benefit management issues and proven solutions available your health plan,...
Lower Specialty Drug Costs with MedBen Rx Access Solutions
Employers pay up to 30 times as much for specialty drugs than Medicare does, new research finds. According to the JAMA Health Forum, for the 10 most commonly used specialty drugs, employer-sponsored insurance (ESI) plans paid prices up to 3,350% higher than Medicare....
MedBen Tops Central Ohio Employee Benefits Companies List
MedBen has once again topped the list of Largest Central Ohio Employee Benefits Companies as ranked by Columbus Business First. “We’re celebrating our 85th anniversary this year, and the main reason for this longevity is our people,” said MedBen President and CEO Kurt...
Report Underscores Importance of Primary Care
A new report finds that the primary care workforce has decreased in recent years, and advises that the U.S. should invest more in adding new physicians. It's a sensible suggestion, considering that primary care has demonstrably contributed to making Americans...
HealthJoy Enhances Employer Dashboard with Improved Performance Reporting
HealthJoy Enhanced Navigation has augmented its technology experience with performance reporting updates and other enhancements now available in the Employer Dashboard. These improvements will provide you with greater visibility into member behavior and a more direct...
Comparative Effectiveness Silences the Drug Ad Hype
Drug companies spend $6 billion per year on direct-to-consumer ads with the goal of getting patients to ask their doctors to prescribe drugs that, in many instances, cost substantially more but are less effective than their current medications. And with no comparative...
Remind Your FSA Members to Use Their 2022 Funds Before the Grace Period Ends!
If your health plan offers a grace period for members to use any remaining 2022 flexible spending account (FSA) funds, you'll want to remind them that those funds will no longer be available after March 15, 2023. Any claims submitted before that date will...
Proposed Rule Would Expand Women’s Birth Control Access
On February 2, 2023, the Departments of Labor, Health and Human Services, and Treasury (the “Tri-Agencies”) proposed a rule to expand women's access to birth control under the Affordable Care Act (ACA). The proposed rule revises the exemption allowances under...