MedBen Office Closed in Observance of Memorial Day
Our home office and client services will be closed on Monday, May 25 in observance of Memorial Day. We will reopen at 8:00 a.m. EST on Tuesday, May 26. Plan members that need claims and benefits information during the holiday weekend (or any other time) can typically...
Self-funded Saving Opportunities Highlighted at MedBen Employer Roundtable
Self-funding provides unique ways to save plans money, and MedBen knows how to deliver those savings, said President & CEO Kurt Harden at the 4th Annual Employer Roundtable Webinar on May 14. "In this time that we're all trying to look at cost, self-funding is one...
Extension of Time Frames Regulation Summary Available for Download
Earlier this month, the Department of Labor released COVID-19-related regulations specifically addressing deadline relief for employee benefit plans, plan participants, and plan beneficiaries. MedBen has prepared a summary of these regulations, which is available on...
Chart Compiles COVID-19 Health Plan Effective Dates
Keeping track of the various changes affecting self-funded plans in the wake of the pandemic can be a challenge. To help clients remember what's currently required or requested of them, MedBen has compiled a chart showing all the COVID-19 health plan effective dates....
MedBen Conducts 14th Annual Municipality Roundtable Webinar
From 2015 to 2019, MedBen’s municipality block saw just a 2.7% trend on total claim costs. At the 14th Annual Municipality Roundtable Webinar on April 30, Vice President of Sales & Marketing Brian Fargus shared that municipality medical costs trended at 3.4%...
Patient Volume Plummets, But Telehealth Visits Jump
A recent survey on physician practices during the COVID-19 pandemic revealed that patient volumes are down 65% and will likely remain low in the coming months. Conversely, MedBen saw telehealth increase in utilization and claim costs from February to April. It’s...
COVID-19 Medical Funding Brings Up “Balance Billing” Question
In the wake of the pandemic, federal officials are offering emergency funding to hospitals, clinics and doctors’ practices – but with an interesting stipulation. Providers accepting the funds cannot impose surprise medical bills on COVID-19 patients, such as “balance...
MedBen Holds 5th Annual Broker Roundtable Webinar
On April 16, MedBen University (MBU) held its first event of the 2020 season with the 5th Annual Broker Roundtable Webinar. This webinar brought together brokers from five states to review cost and utilization trends, market strategies, and ways to help maximize value...
MedBen COVID-19 Resource Center Reminder
Just a brief reminder that the COVID-19 Resource Center, available at MedBen.com, offers a convenient way for MedBen clients to stay up to date on federal and state rules that affect their self-funded plan. You can also find COVID-19 statements from our stop-loss...
MedBen Achieves ISO 9001:2015 Recertification
To ensure that clients continue to receive the highest quality service possible, MedBen has again earned ISO 9001:2015 recertification following its most recent audit. “The ISO 9001:2015 standard outlines the requirements needed to maintain a successful Quality...
COVID-19 Resource Center Now Available at MedBen.com
To give our clients easy access to useful COVID-19 group health plan and employer-related information, MedBen has assembled a COVID-19 Resource Center at MedBen.com. On this dedicated page you'll find links to a range of COVID-19 information pertinent to your group...
Prescriptions No Longer Needed for Over-the-Counter Drug Purchases with FSAs, HRAs and HSAs
The CARES Act signed into law by President Trump on March 27 permanently reinstates coverage of over-the-counter (OTC) medications as eligible for reimbursement from FSAs, HRAs and HSAs without need for a prescription. Under the reinstated coverage, account funds can...