Sep 5, 2023 | Alternative Reimbursement Strategies, Claims, Comparative Effectiveness, Cost Savings, Direct-to-Employer Contracting, Drug costs, Fair Market Pricing, Forensic claims review, High-cost claims, Inflation, MedBen Rx, MedBen WellLiving, Reference-Based Pricing, Rx Costs, Savings, Self-funding, Specialty Care, Survey, Wellness
A new survey by International Foundation of Employee Benefit Plans found employers expect plan costs to increase seven percent in 2024. As to why, they gave a range of answers, with the top four reasons representing 71 percent of responses (see chart below). As it...
Sep 4, 2023 | Compliance, Plan changes, Regulatory
Q: Are plan sponsors required to provide members advanced notice when making midyear changes to the plans? A: Yes! Under the Affordable Care Act (ACA), there are two notification requirements that apply to changes made midyear. These notifications are in addition to...
Sep 1, 2023 | Announcements, ISO, Kurt Harden, News, Quality
MedBen has successfully completed a re-assessment audit of its ISO 9001 procedures and has achieved recertification, according to company President and CEO Kurt Harden. Independent auditors from ISO consulting firm Intertek reviewed MedBen’s compliance with...
Aug 31, 2023 | Announcements, MedBen Connect, Mobile App, Online Services, Wellness
In order to provide a greater level of personal service to your plan members, we recently enhanced the MedBen Connect mobile services bundle with an expanded Health Goals questionnaire. The questionnaire allows our health care navigation platform to dive deeper into...
Aug 22, 2023 | Alternative Reimbursement Strategies, Appeals, Cost Savings, Fair Market Pricing, Savings
MedBen continues to offer alternative reimbursement strategies that offer the same access to quality care as PPOs, but with even greater savings. And our latest strategy has proven to reduce medical spend in a big way – saving employers, on average, nearly 70% on...
