Feb 21, 2020 | ISO, MedBen Employees, News, Quality
In order to ensure that employees understand the importance of adhering to ISO 9001 standards and how to maintain quality work processes, MedBen recently conducted companywide ISO training sessions. “Every day we make sure that our customers receive the highest...
Dec 20, 2019 | Affordable Care Act, Announcements, Cadillac Tax, Caroline Fraker, IRS, News, PCORI, Self-funding
On December 19, the Senate passed the $1.4 trillion end-of-year spending package that will fund the government through September 2020. The bill brings self-funded employers good news and bad news: If signed by President Trump, it would finally repeal the so-called...
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 27, 2019 | Heart, News, Prescription, Preventive Care
At the annual meeting of the American Heart Association, researchers reported that patients who received drug therapy alone did not experience more heart attacks or die more often than those who also received bypass surgery or stents – further evidence that a...
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...
Nov 8, 2019 | Announcements, Consumer-driven Health Plans, Flexible spending accounts (FSAs), IRS, News
The Internal Revenue Service (IRS) has announced the annual inflation adjustment for flexible spending accounts (FSAs) for the 2020 tax year. As has been the case in previous years, contribution limits will see only modest increases or remain unchanged. The 2020...