Oct 18, 2020 | Affordable Care Act, Compliance, IRS, News
The Internal Revenue Services (IRS) has extended the deadline for distributing IRS Form 1095 to employees from January 31, 2021 to March 2, 2021. Now is the time for self-funded employers to start thinking about and complying with a critical health care reform...
Oct 17, 2020 | COVID-19, Employer Dashboard, MedBen Analytics, Preventive Care, Primary Care, Telehealth
Using data from the MedBen Analytics COVID-19 Impact Dashboard, a review of office visit activity in 2020 shows that: The pandemic led to a steep decline in office visits, with a 47% decrease from January to May. Routine care dropped 49%, while preventive care fell...
Oct 16, 2020 | Claims Management, Cost Savings, Direct-to-Employer Contracting, MedBen Rx, Pharmacy Benefits Manager (PBM), Prescription, Rebates, Reference-Based Pricing, Rx Costs, Savings, Spread Pricing
A National Alliance of Healthcare Purchaser Coalitions survey asked employers what they thought were the greatest threats to coverage affordability. Their responses… and how MedBen counters these concerns with proven saving solutions: Drug prices are a threat to...
Oct 15, 2020 | Cost Savings, Lifestyle, MedBen WellLiving, Preventive Care, Savings
Preventive care and better lifestyle choices could reduce annual U.S. health spending by $730 billion, according to a new report. The study found modifiable health costs were largely due to five risks: overweight/obesity, high blood pressure, high blood sugar, poor...
Oct 4, 2020 | COVID-19, MedBen Analytics, Reporting
The MedBen Analytics COVID-19 Dashboard based on MedBen’s overall business block shows the pandemic’s effect on hospital, urgent care, and emergency care utilization. As of August 31: Inpatient hospital claims saw a significant decrease in May, going down 32%...
