Diabetes Awareness a Year-Round Mission
With 1.25 million Americans currently diagnosed with diabetes, it’s understandable that the entire month of November is dedicated to reminding people about the importance of diabetes prevention. But MedBen WellLiving doesn’t just stop with a monthly commitment. Our...
Vision Exams Matter? See for Yourself!
Seeing an optometrist every year is a simple yet important step you can take to prevent vision loss from diseases. Yet with an estimated 61 million adults in the United States at high risk for vision loss, only half of them visited the eye doctor within the past...
“Up” Your Benefits Package with MedBen
A Benefits Pro article entitled “How top employers are upping their benefit packages to attract talent” hits on many of the key components of self-funding. According to a recent survey, the most-cited ways that employers strengthen their employee rewards include...
2020 FSA Contribution Maximum Gets a $50 Bump
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...
Alternative Pricing Strategies Save You Money
Alternative pricing strategies like reference-based pricing, direct-to-employer contracting, and commercial bundled payments are gaining in appeal – but these solutions are nothing new for MedBen. Many of our clients have had these strategies in place for years and...
Once Again, MedBen Beats National Cost Trend
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
Technology Strengthens Broker-Client Relationship
In a recent survey, 95 percent of employers said they consider technology a “must-have” or “very important” in their day-to-day job functions. Additionally, 78 percent of employers said they’re satisfied with the frequency of communication about technology from their...
Baumer Named Account Manager
MedBen is pleased to announce that Sharon Baumer has been promoted to the position of Account Manager. In her new role, she will take on additional oversight responsibilities of MedBen self-funded groups while continuing to serve daily client needs and conduct onsite...
Once Again, MedBen Beats National Cost Trend
According to the National Business Group on Health, large companies predict the total cost of workplace health care coverage to increase 5% from 2019. Meanwhile, MedBen continues to remain below not only national trend, but also below the national average cost. For...
MedBen Claims Surveillance Combats Wasteful Spending
Health care can already be expensive, so why allow unnecessary costs? Unfortunate but true, waste accounts for about 25% of U.S. health care spending – and with self-funding, that can be a sizable expense for an employer. At MedBen, we work to keep clients’ money...
High Cholesterol Affects 35 Million Americans
High cholesterol is nothing new; In fact, a recent discovery found that four-thousand-year-old mummies had cholesterol buildup in their arteries, suggesting that heart disease was likely more common in ancient times than once thought. Today, more than 35 million...
MedBen Rx Advocate Eliminates the “Spread”
A key to reducing pharmacy plan costs is to eliminate the use of spread pricing – the difference between what pharmacy benefit managers (PBMs) charge employer plans for drugs and what the actual pharmacy pays for them. Often, this “spread” can be substantial, as PBMs...