Jan 11, 2022 | Announcements, Compliance, COVID-19, Department of Labor
On January 10, 2022, the Department of Labor issued FAQ Part 51, which provides new guidance on compliance with the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES). The new guidance includes a coverage...
Jan 10, 2022 | Adverse selection, Cost Savings, Savings, Spousal limitations
Because you don’t want to be on the negative end of adverse selection. About 1 in 5 employers currently use spousal limitations, ranging from surcharges and carve-outs to exclusion of all spouses from the plan. Spousal limitations can reduce the chances of...
Jan 7, 2022 | Brand Name Drugs, Cost Savings, Generic Drugs, MedBen Rx, Prescription, Rx Costs, Savings, Specialty Care
GoodRx is currently compiling a list of drugs that will cost consumers more in 2022. By January 17, 669 drugs will have experienced price increases, with an average increase of 5.0%. All but 11 on the list are brand-name medications. The list includes such well-known...
Dec 28, 2021 | Alternative Reimbursement Strategies, HealthJoy, Kurt Harden, MedBen Access, MedBen Rx, Reporting
On behalf of everyone at MedBen, I would like to wish you a Happy New Year and thank you for your continued business! In my 30 years with MedBen, I’ve seen first-hand how benefits management has evolved. From reimbursement strategies offering flexible design and...
Dec 27, 2021 | Explanation of benefits (EOB), MedBen Access, Mobile App, Online Services
Earlier this year, MedBen Access users were given the option to go “paperless” and switch to electronic explanations of benefits (EOBs). By switching, you will no longer receive paper EOBs in the mail. Instead, you will receive an email notification when a new EOB is...
