May 15, 2025 | Announcements, Consumer-driven Health Plans, FSA Store, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS
On May 1, the IRS announced the 2026 inflation-adjusted limits for health savings account (HSA) contributions, as well as updated minimum deductibles and out-of-pocket maximums for high-deductible health plans (HDHPs). The table below summarizes the new thresholds and...
Apr 7, 2025 | Announcements, Client Services, MedBen Employees, MedBen News
MedBen is pleased to announce the promotion of Angie Vensil to Manager of Client Services for MedBen Administrators. In her new position, Vensil will oversee the TPA Account Management team and coordinate new group implementation. “We’re happy that Angie...
Feb 25, 2025 | Announcements, Benchmarks, Case Studies, Compliance, Genomics, MedBen University, Wellness
The 24th season of MedBen University (MBU) is in session! MBU will be conducting an Employer Roundtable on Wednesday, April 9… so take a moment to save the date! Topics to be covered at the roundtable include: A review of industry cost benchmarks and benefit...
Feb 21, 2025 | Announcements, Flexible spending accounts (FSAs), FSA Grace period, FSA Store
If your health plan offers a grace period for using 2024 flexible spending account (FSA) funds, remind your members that any remaining funds must be used by March 15, 2025. After that date, any unused money will be lost… but claims submitted before March 15 will...
Jan 14, 2025 | Announcements, Client Feedback, Client satisfaction, Client Surveys
Here are results from MedBen Client Satisfaction Surveys received in 2024 (rating averages based on a 1-to-5 scale): OVERALL SATISFACTION4.8 Claims Payment Accuracy4.8Claims Payment Turnaround4.8Client Services4.6Customer Service Courtesy & Professionalism4.7...
Jan 13, 2025 | Announcements, Compliance, Form 1094, Form 1095, IRS, Regulatory
As we enter 2025, all group health plan sponsors are facing the daunting task of preparing and filing 1094 and 1095 forms. But there’s good news: Starting this year, employers are no longer required to automatically mail copies of individual 1095 forms to their...