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,...
May 17, 2020 | Cost Savings, MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings
Three-quarters of MedBen clients use MedBen Rx prescription programs and are seeing the benefits first-hand. By utilizing our forward-thinking pharmacy solutions, these groups realized an average savings of 14.8% per employee per year, compared to those using other...
May 15, 2020 | Coronavirus, COVID-19, Department of Labor, Regulatory
Earlier this month, the Department of Labor released COVID-19-related regulations specifically addressing deadline relief for employee benefit plans, plan participants, and plan beneficiaries. MedBen has prepared a summary of these regulations, which is available on...
May 14, 2020 | Coronavirus, COVID-19, Regulatory
Keeping track of the various changes affecting self-funded plans in the wake of the pandemic can be a challenge. To help clients remember what’s currently required or requested of them, MedBen has compiled a chart showing all the COVID-19 health plan effective...
May 3, 2020 | Cost Savings, MedBen Rx, MedBen University, MedBen WellLiving, Municipalities, Reference-Based Pricing, Trend, Webinars
From 2015 to 2019, MedBen’s municipality block saw just a 2.7% trend on total claim costs. At the 14th Annual Municipality Roundtable Webinar on April 30, Vice President of Sales & Marketing Brian Fargus shared that municipality medical costs trended at 3.4%...
