Jun 27, 2020 | MedBen Rx, Pharmacy Benefits Manager (PBM), Pharmacy Services Administrator (PSA)
As an agent or a plan administrator, it is important to understand how PBM contracts compare – “not just in terms of the numbers calculated for things like discounts and rebates, but also in terms of how they function and align (or fail to align) with your client’s...
Jun 26, 2020 | Announcements, MedBen Access, Mobile App, Online Services
MedBen will be closed on Friday, July 3rd in observance of Independence Day. We will reopen on Monday, July 6th at 8:00 a.m. EST. As always, should a need arise outside of business hours, plan members can check claims information, including status and EOB detail...
Jun 12, 2020 | Announcements, COVID-19, MedBen Analytics, Online Services, Reporting
MedBen Analytics has a new COVID-19 Impact Dashboard for plan administrators. From COVID-19 testing claims to telehealth and office visit utilization trends, the dashboard helps to quickly track the pandemic’s effects on your plan. As you review your COVID-19 data,...
Jun 11, 2020 | Lasers, Stop-Loss, Third party administration
Stop-loss coverage protects employers against excess and catastrophic claims… and while price is a consideration, it’s important to examine other factors, such as: How long has the carrier been in business? Is the carrier financially sound? What is its A.M. Best...
Jun 11, 2020 | Affordable Care Act, Announcements, IRS, News, PCORI
As in years past, all self-funded employer health plan sponsors are required to file and pay their Patient-Centered Outcomes Research Institute (PCORI) fee no later than July 31, 2020. As part of the Further Consolidated Appropriations Act of 2020, Congress last year...