Jun 12, 2020 | Announcements, COVID-19, MedBen Analytics, Online Services, Reporting
MedBen Analytics has a new COVID-19 Impact Dashboard for plan administrators. From COVID-19 testing claims to telehealth and office visit utilization trends, the dashboard helps to quickly track the pandemic’s effects on your plan. As you review your COVID-19 data,...
May 29, 2020 | Coronavirus, COVID-19, Flexible spending accounts (FSAs), IRS
The IRS recently released two notices of interest to employers offering flexible spending accounts (FSAs). Notice 2020-29 relates to cafeteria plan elections and FSA grace periods, both of which are optional. These plan amendments must be adopted before December 31,...
May 15, 2020 | Coronavirus, COVID-19, Department of Labor, Regulatory
Earlier this month, the Department of Labor released COVID-19-related regulations specifically addressing deadline relief for employee benefit plans, plan participants, and plan beneficiaries. MedBen has prepared a summary of these regulations, which is available on...
May 14, 2020 | Coronavirus, COVID-19, Regulatory
Keeping track of the various changes affecting self-funded plans in the wake of the pandemic can be a challenge. To help clients remember what’s currently required or requested of them, MedBen has compiled a chart showing all the COVID-19 health plan effective...
May 2, 2020 | Coronavirus, COVID-19, Telehealth, Telemedicine
A recent survey on physician practices during the COVID-19 pandemic revealed that patient volumes are down 65% and will likely remain low in the coming months. Conversely, MedBen saw telehealth increase in utilization and claim costs from February to April. It’s...
May 1, 2020 | Balance billing, Coronavirus, COVID-19, Reference-Based Pricing, Regulatory
In the wake of the pandemic, federal officials are offering emergency funding to hospitals, clinics and doctors’ practices – but with an interesting stipulation. Providers accepting the funds cannot impose surprise medical bills on COVID-19 patients, such as “balance...
