New DOL Guidance Requires Health Plans to Cover Cost of COVID-19 Over-the-Counter Test Kits
On January 10, 2022, the Department of Labor issued FAQ Part 51, which provides new guidance on compliance with the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES). The new guidance includes a coverage...
Why Add Strategic Spousal Language?
Because you don't want to be on the negative end of adverse selection. About 1 in 5 employers currently use spousal limitations, ranging from surcharges and carve-outs to exclusion of all spouses from the plan. Spousal limitations can reduce the chances of adverse...
Many Drugs Seeing Price Increases in 2022
GoodRx is currently compiling a list of drugs that will cost consumers more in 2022. By January 17, 669 drugs will have experienced price increases, with an average increase of 5.0%. All but 11 on the list are brand-name medications. The list includes such well-known...
A Note from Our President & CEO
On behalf of everyone at MedBen, I would like to wish you a Happy New Year and thank you for your continued business! In my 30 years with MedBen, I've seen first-hand how benefits management has evolved. From reimbursement strategies offering flexible design and lower...
Have You Made the Switch to Electronic EOBs?
Earlier this year, MedBen Access users were given the option to go “paperless” and switch to electronic explanations of benefits (EOBs). By switching, you will no longer receive paper EOBs in the mail. Instead, you will receive an email notification when a new EOB is...
MedBen Employees Participate in Families Helping Families Program
For the 22nd consecutive year, MedBen was pleased to take part in the Families Helping Families program. Our employees once again joined together to raise funds and purchase presents, ensuring that the less privileged children of Licking County (Ohio) were able to...
Follow Us On LinkedIn… and Win!
MedBen Rx already provides pharmacy solutions that save... but in the spirit of the season, we'd like to give you something extra! By following us on LinkedIn and downloading the MedBen Rx brochure by Monday, December 20, 2021 you will be automatically entered into a...
Why Should Employers Avoid Carrier “ASO” Plans?
Because your health plan belongs to you. A plan should be built around your goals, not the insurance carrier's. The one-size-fits-all approach used by Administrative Services Only ("ASO") organizations just won't cut it if you want the best outcomes and maximum...
Get a Proactive, Personalized Technology Experience with HealthJoy TPA+
HealthJoy TPA+ revolutionizes how your members access care, providing a one-stop shop platform for all of their benefits, programs, and strategies. This industry-leading technology experience offers features that go beyond the standard healthcare benefits app....
Happy Holidays from MedBen!
MedBen will be closed on Friday, December 24th in observance of Christmas, resuming normal business hours on Monday, December 27th at 8:00 a.m. EST. We will also be closed on Friday, December 31st in observance of New Year’s Day, and reopen on Monday, January 3rd at...
MedBen Rx Solutions Lower Health System’s Costs by $4.6 Million
In their first year with MedBen Rx, a regional health system lowered costs by $4.6 million through pharmacy savings and added revenue. This includes a 30% reduction in employee pharmacy plan spend. The health system had previously entered into three-year agreement...
Use Your Unspent FSA Funds Before the December 31 Deadline
Every year, Americans forfeit over $500 million in unspent FSA funds. With the December 31 spending deadline approaching for many FSA plans, you'll want to act fast so you don't count yourself among them. FSA Store makes it easy to use your remaining FSA funds to buy...