Jul 19, 2023 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store, MedBen Access, Mobile App, Online Services
Hard though it may be to believe, we’re more than halfway through 2023. For flexible spending account (FSA) users, it’s an opportune time to check balances and stock up on summer supplies that can be purchased with FSA funds. FSA Store offers a variety of...
Jul 13, 2023 | Client Report, Cost Savings, Health care costs, Savings, Trend
Medical costs are expected to increase 7% in 2024, according to a new report from PricewaterhouseCoopers (PwC). This would match the largest single-year increase since the beginning of the pandemic. “The higher medical cost trend in 2024 reflects health plans’...
Jul 11, 2023 | Brand Name Drugs, Generic Drugs, MedBen Rx, Pharmacy, Pharmacy Benefits Manager (PBM), Prescription, Rx Costs, Savings, Specialty Drugs, Transparency, Value
A new playbook from the National Alliance of Healthcare Purchaser Coalitions lists the top 10 concerns employer health plans have with pharmacy benefit managers (PBMs): Promoting drugs with higher prices when lower-price options are availableOffering preferred...
Jul 10, 2023 | Biometric recognition, Explanation of benefits (EOB), Flexible spending accounts (FSAs), Health reimbursement arrangements (HRAs), ID Card, MedBen Access, Mobile App, Online Services
MedBen continually strives to improve our MedBen Access online service and mobile app, with the goal of making it your one stop for claims and benefits information. In the past year, MedBen Access has introduced the following features (links open to feature...
Jul 6, 2023 | Diabetes, MedBen WellLiving, News, Research, Wellness
The growing obesity problem, coupled with an aging population, will more than double the number of people with diabetes in just over 25 years, according to a new study published in the Lancet medical journal. Researchers estimate that worldwide, more than 1.3 million...