May 2, 2020 | Coronavirus, COVID-19, Telehealth, Telemedicine
A recent survey on physician practices during the COVID-19 pandemic revealed that patient volumes are down 65% and will likely remain low in the coming months. Conversely, MedBen saw telehealth increase in utilization and claim costs from February to April. It’s...
May 1, 2020 | Balance billing, Coronavirus, COVID-19, Reference-Based Pricing, Regulatory
In the wake of the pandemic, federal officials are offering emergency funding to hospitals, clinics and doctors’ practices – but with an interesting stipulation. Providers accepting the funds cannot impose surprise medical bills on COVID-19 patients, such as “balance...
Apr 17, 2020 | Coronavirus, COVID-19, Direct-to-Employer Contracting, MedBen University, Reference-Based Pricing, Roundtables, Webinars, Wellness
On April 16, MedBen University (MBU) held its first event of the 2020 season with the 5th Annual Broker Roundtable Webinar. This webinar brought together brokers from five states to review cost and utilization trends, market strategies, and ways to help maximize value...
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...
Apr 16, 2020 | Coronavirus, COVID-19, MedBen.com
Just a brief reminder that the COVID-19 Resource Center, available at MedBen.com, offers a convenient way for MedBen clients to stay up to date on federal and state rules that affect their self-funded plan. You can also find COVID-19 statements from our stop-loss...
