Set the Course.
Like the name implies, MedBen Specialty Services gives your health plan something special. Our team can help you add a consumer-driven health plan (CDHP) to your benefits, either as a stand-alone or to complement other coverage. And we offer inclusive COBRA administration to keep your health plan compliant with employer laws.
Consumer-Driven Health Plans
In spite of an ever-changing health care landscape ‒ or perhaps because of it ‒ CDHPs continue to thrive and save employers money. MedBen Specialty Services has the experience to match the right CHDP with the needs of the employer.
Flexible Spending Account (FSA)
- Employer and/or employee funded with pre-tax dollars.
- Can be used to pay medical or dependent care costs incurred within a 12-month period.
Health Reimbursement Arrangement (HRA)
- Can be designated to pay for a variety of health care expenses.
- Offers the most employer control.
Health Savings Account (HSA)
- Employer and/or employee funded with pre- or post-tax dollars.
- Available to anyone enrolled in a qualified high-deductible health plan (HDHP).
- Owned and managed by the employee.
MedBen provides expert CDHP support to employers and plan members. We review your group’s goals to help you set the proper course for your health plan.
Once your CDHP is in place, our service team will give you the tools you need to promote it. Plus, we complement our services with online account management tools and debit cards.
MedBen Specialty Services also offers expert COBRA administrative services. COBRA requires employer group health plans with 20 or more employees to offer former employees, their dependents, and other qualified beneficiaries continued health coverage after leaving the employer.
COBRA can be trouble when placed in the wrong hands. MedBen has extensive administrative experience, so you can avoid the potential pitfalls of non-compliance at a fraction of what it would cost you to perform these services yourself.
Turn-key COBRA Service
MedBen provides a turn-key service, meaning your fee covers all COBRA administration needed to meet your regulatory requirements. We also provide monthly activity reports to keep you notified of current COBRA events in your company.
Take Charge of Your Health Care Costs
MedBen Specialty Services offers consumer-driven products to control your costs, and COBRA administration to keep you compliant. Purchase them on a stand-alone basis or better still, as part of an overall benefits package for seamless plan integration and account coordination.