Jun 10, 2024 | Affordable Care Act, Caroline Fraker, MedBen Rx, Obesity, Wegovy, Weight loss, Weight loss drugs, Zepbound
While most health plans do not currently cover obesity medications like Wegovy and Zepbound – and MedBen Rx recommends clients continue not to do so – constant media coverage means the calls to do so will only grow. Therefore, employers are increasingly considering...
Jun 6, 2024 | Cholesterol, MedBen WellLiving, Preventive Care, Research, Wellness
High cholesterol isn’t something that only affects people in middle age: The Centers for Disease Control estimates that 7.5% of Americans between ages 20 and 39 have high total cholesterol (greater than 240 mg/dL). That’s why MedBen WellLiving recommends...
Jun 4, 2024 | Announcements, Consumer-driven Health Plans, FSA Store, Health Savings Accounts (HSAs), HSA Store, News
The IRS has announced its health savings account (HSA) contribution limits for 2025. The annual cost-of-living adjustments include a 3.6% increase in individual HSA contributions. This stands in sharp contrast to 2024, which saw a change of nearly 8% – the biggest...
May 29, 2024 | Announcements, Caroline Fraker, Doug Freeman, Kurt Harden, MedBen Board of Directors, MedBen Employees
At the recent Annual Meeting for MedBen, Doug Freeman, who for over 36 years served as President and later Chairman of Medical Benefits Mutual Life Insurance Co. (MedBen), retired from the Board of Directors. At the same meeting, Kurt Harden, previously MedBen’s...
May 28, 2024 | Affordable Care Act, Announcements, Compliance, PCORI, Regulatory
As in year’s past, no later than July 31, 2024, all self-funded employer health plan sponsors are required to file and pay their PCORI fees. You may remember that as part of the Further Consolidated Appropriations Act of 2020, Congress extended the requirement that...
