Dec 26, 2022 | Cost Savings, Drug costs, MedBen Rx, Savings, Specialty Drugs
From earlier this year: “Health plans and pharmacy benefit managers (PBMs) that manage drug costs… say specialty drugs now account for 50% or greater of the total prescription spending they manage. In some cases, employer clients are seeing specialty costs...
Dec 23, 2022 | Affordable Care Act, Compliance, IRS, Regulatory
First, the good news: Just in time, the IRS has issued a final rule making permanent the automatic 30-day extension deadline to furnish employees their Affordable Care Act (ACA) 1095 forms. The final rule (Information Reporting of Health Insurance Coverage and...
Dec 22, 2022 | Lobbying, Pharmacy Benefits Manager (PBM), Prescription, Spending
A review of the biggest spenders in health care lobbying by OpenSecrets reveals that, in the leadup to the 2021-22 election cycle, 16 of the top 25 lobbyists were pharmaceutical & health product organizations (see table below). The top health care lobbyist,...
Dec 14, 2022 | Announcements, Brian Fargus, MedBen Employees, Sales
MedBen is pleased to announce the promotions of Brooke Hupp and Lindsay Lowe to Regional Sales Directors. As members of the MedBen Sales team, Hupp has served current and prospective clients in portions of Ohio, Kentucky, and Tennessee since 2014, while Lowe has...
Dec 13, 2022 | Announcements, MedBen Access, MedBen Employees, Mobile App, Online Services
MedBen will be closed on Monday, December 26 to celebrate the Christmas holiday, and reopen at 8:00 a.m. EST on Tuesday, December 27. For the New Year’s holiday we will be closed on Monday, January 2, and reopen at 8:00 a.m. EST on Tuesday, January 3. Remember that if...