Jan 9, 2024 | Announcements, Client Feedback, Client Surveys
Here are results from MedBen Client Satisfaction Surveys received in 2023 (rating averages based on a 1-to-5 scale): Overall Satisfaction4.8 Claims Payment Accuracy4.8Claims Payment Turnaround4.7Client Services4.6Monthly Billing4.9 Whether you are totally satisfied...
Jan 8, 2024 | Affordable Care Act, Compliance, Deadlines, Forms, IRS, Medicare, PCORI, Reporting
To keep you “in the know” about mandatory regulatory due dates for health plan sponsors, the MedBen Compliance team has again compiled a “Self-funded Plan Sponsors Annual Compliance Deadlines” list. MedBen clients can contact their Account...
Jan 5, 2024 | Access solutions, Acquisition Cost Index (ACI) pricing, Appropriateness Solutions, Benefits preservation, Comparative Effectiveness, Drug costs, MedBen Rx, Pricing solutions, Specialty Drugs
Pfizer, Sanofi, Takeda Pharmaceutical, and other drugmakers will raise the prices of more than 500 drugs in early January, according to an analysis by health care researchers 3 Axis Advisors. Inflation and rising manufacturing costs will contribute to the price...
Jan 4, 2024 | e-File, Electronic forms, Form 1094, Form 1095, IRS
Last year, the IRS finalized rules requiring all employers filing 10 or more returns to make those filing electronically, via the IRS’ e-File system. The 10-form threshold is determined based on the total number of forms the employer is required to file with the IRS,...
Jan 3, 2024 | Artificial Intelligence, Prescription, Research
According to a Long Island University study, artificial intelligence tool ChatGPT’s answers to nearly 75% of drug-related questions were incomplete or wrong… and in some cases, even generated fake citations to support its answers. Researchers challenged the free...
