Mar 22, 2020 | Announcements, Compliance, Coronavirus, Regulatory
MedBen has prepared a downloadable summary of the Families First Coronavirus Response Act (“FFCRA”) and how it affects self-funded health plans. The Act, which passed the Senate on March 18 and was signed into law by President Trump, defines employer responsibilities...
Feb 17, 2020 | Affordable Care Act, Announcements, Compliance, Health Care Reform, Specialty Drugs, USPSTF
Per the Affordable Care Act (ACA), employer-sponsored health plans will be required to cover the HIV specialty drugs Pruvada and Descovy at 100% beginning their first plan year following June 19, 2020. The requirement follows a United States Preventive Services Task...
Jan 8, 2020 | Compliance, HIPAA, Privacy, Security
Every MedBen employee is trained on ensuring the privacy of plan member information, and regularly reminded to stay vigilant for potential violations… but we remind our clients to stay vigilant, too. To comply with the HIPAA Privacy rules, MedBen employees are...
Dec 6, 2019 | Announcements, Compliance, IRS, News
Happy holidays from the IRS! While many of us are hard at work preparing for the Holidays and getting last minute tasks done at work, the IRS has been thinking about the first quarter of 2020. As we all know, if you’re a self-funded employer, January is the time...
Nov 26, 2019 | Announcements, Caroline Fraker, Compliance, Government, News, Online Services, Regulatory
In response to a White House Executive Order, on November 15th the Departments of Health and Human Services (HHS), Treasury and Labor issued a final regulation requiring hospitals to disclose their negotiated prices for up to 300 “shoppable” medical items and...
Oct 14, 2019 | Compliance
Working on your 2020 health plan budget? If so, you’ll want to keep the following limitations and penalties in mind. The following apply as of the first day of your plan’s 2020 plan year: Standard Plan In-Network Out-of-Pocket Maximums $8,150 for self-only...
