Are You Taking Full Advantage of MedBen Analytics’ Cost-Controlling Features?
As we quickly reach the mid-year point, it's an excellent time to review your current plan activity with the MedBen Analytics online portal. However, some MedBen clients aren't taking full advantage of all the features of our employer dashboard – features that allow...
Change Healthcare Cyberattack Response Update
Following the cyberattack on Change Healthcare this February, MedBen has been processing in a timely manner provider claims payments that Change Healthcare would have otherwise handled. Due to the severity of the attack, the company's operational systems have required...
Employers Weighing the Obesity Drug Question
While most health plans do not currently cover obesity medications like Wegovy and Zepbound – and MedBen Rx recommends clients continue not to do so – constant media coverage means the calls to do so will only grow. Therefore, employers are increasingly considering...
Starting Cholesterol Testing Early is a Winning Wellness Strategy
High cholesterol isn't something that only affects people in middle age: The Centers for Disease Control estimates that 7.5% of Americans between ages 20 and 39 have high total cholesterol (greater than 240 mg/dL). That's why MedBen WellLiving recommends regular...
HSA Contribution Limit Sees Smaller Increase for 2025
The IRS has announced its health savings account (HSA) contribution limits for 2025. The annual cost-of-living adjustments include a 3.6% increase in individual HSA contributions. This stands in sharp contrast to 2024, which saw a change of nearly 8% – the biggest...
Freeman Retires after 36 Years with MedBen; Harden Elected Chairman, Fraker Named President
At the recent Annual Meeting for MedBen, Doug Freeman, who for over 36 years served as President and later Chairman of Medical Benefits Mutual Life Insurance Co. (MedBen), retired from the Board of Directors. At the same meeting, Kurt Harden, previously MedBen's...
Time to Prepare for Your PCORI Filing!
As in year’s past, no later than July 31, 2024, all self-funded employer health plan sponsors are required to file and pay their PCORI fees. You may remember that as part of the Further Consolidated Appropriations Act of 2020, Congress extended the requirement that...
MedBen Client 2023 Federal CAA Required Pharmacy Submission Complete
You might remember that the Consolidated Appropriations Act of 2021 (CAA) requires all health plans to file a pharmacy data report annually to the Centers for Medicare & Medicaid Services (CMS). Each year, the Prescription Drug Data Collection reporting (RxDC)...
Peters Completes Community Leadership Program
MedBen Rx Manager of Client Services Bethany Peters recently completed the Community Leadership program offered through the Licking County (OH) Chamber of Commerce. The nine-month program teaches the importance of “strength-based” leadership and developing the...
Are You in Need of a Plan Compliance Review?
As our clients know, when you choose MedBen as your third party administrator, our dedicated Compliance Department performs a thorough check of your plan to ensure that it complies with applicable state and federal regulations. And our Compliance team continues to...
High-Cost Diabetes Drugs Increasingly Prescribed for Weight Loss
At recent MedBen University roundtables, MedBen President & CEO Kurt Harden examined how the growing public awareness of two diabetes drugs with a desirable side effect – significant weight loss – means that these $1,000-per-month medications are not always being...
MedBen Office Closed in Observance of Memorial Day
Our home office and client services will be closed on Monday, May 27 in observance of Memorial Day. We will reopen at 8:00 a.m. EDT on Tuesday, May 28. Plan members that need claims and benefits information during the holiday weekend (or any other time) can typically...