2024 HSA Contribution Limit Jumps Nearly 8%
The IRS has announced its health savings account (HSA) contribution limits for 2024. The annual cost-of-living adjustments include a 7.8% increase in individual HSA contributions – one of the largest jumps in recent years, and a definite indication of how inflation...
Lesko Completes Community Leadership Program
MedBen Director of Client Services Tracie Lesko recently completed the Community Leadership program offered through the Licking County (OH) Chamber of Commerce. The nine-month program fosters the intellectual growth of local leaders by strengthening their management...
Download the 2023 MedBen Client Report Now!
The 2023 MedBen Client Report is now available to download from MedBen.com! In his opening note, MedBen President Kurt Harden states: "This Client Report is designed to demonstrate ways that clients can generate greater value from their health plan. With health care...
As the Weather Turns Warmer, Don’t Forget to Pay Your PCORI Fees!
It is once again time to start thinking about warmer weather, cook-outs, and – yes – paying your PCORI fee. As in years past, all self-funded employer health plan sponsors are required to file and pay their PCORI fees no later than July 31, 2023. As part of...
Zelis Acquires Payer Compass
In September 2022, Zelis acquired Payer Compass and its reference-based pricing products. In March and April 2023, Zelis began the re-branding of Payer Compass with changes to its social media accounts, web-based portal tools, and email addresses. Now, Zelis has begun...
MedBen Client 2022 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). Beginning this year, and each year thereafter, that reporting must be...
MedBen Office Closed in Observance of Memorial Day
Our home office and client services will be closed on Monday, May 29 in observance of Memorial Day. We will reopen at 8:00 a.m. EST on Tuesday, May 30. Plan members that need claims and benefits information during the holiday weekend (or any other time) can typically...
MedBen Turns 85
May 8, 2023 marks MedBen's 85th anniversary of serving the health benefit needs of employers across the country. As such, it's an opportune time to reflect, while also looking forward. MedBen's growth over the decades has coincided with the evolution in group health...
Getting Down to the (MedBen) Basics
Health benefits management can be a complicated business, but that doesn't mean it has to be. To help make things a bit more clear cut, MedBen offers dozens of MedBen Basic handouts on a variety of topics. While many of our Basics are directed at plan administrators,...
Dental and Vision Care: Big Benefits at a Small Cost
Dental and vision benefits are often relegated to second-tier status in a health care plan, or not offered at all. But a quick look at the advantages of regular dentist and optometrist visits may give you a new respect for their value. Poor oral health is linked to...
Health Care AI Offers Promise and Problems
Expanding use of generative artificial intelligence (AI) in health care has sparked talk of its possibilities while raising ethical questions. Healthcare Dive recently examined generative AI's potential, both positive and negative. From the article: "Generative AI is...
The REAL End of the COVID-19 National Health Emergency
You may have read that on April 10, President Biden signed House Joint Resolution 7, immediately terminating the national health emergency related to the COVID-19 pandemic under the National Emergencies Act. You also may recall that earlier this year, the Biden...