Categories

Most recent posts

  XML Feeds

Search

Archives for: March 2015

03/30/15

  08:31:00 pm, by MedBen5   , 203 words,  
Categories: Announcements, News, Prescription, Discounts, Cost savings

MedBen Self-funded Clients See Average 8% Rx Spending Drop In 2014

In 2014, MedBen self-funded clients experienced an overall average 8% decrease in pharmacy spending per member per month while most employers were experiencing 12% increases. Employers who worked with MedBen drove higher generic utilization by aligning… more »

03/27/15

  08:29:00 pm, by MedBen5   , 99 words,  
Categories: Announcements, News

MedBen Tops Columbus Business First Survey

MedBen was recently recognized by Columbus Business First as the region's #1 third party administrator, based on the number of its employees that live in Central Ohio. According to its annual survey results, MedBen, with 165 of its workers residing in… more »

03/25/15

  09:56:00 pm, by MedBen5   , 276 words,  
Categories: News, Consumer-driven Health Plans, Cost savings

The True Value Of High-deductible Health Plans

High-deductible health plans (HDHPs) frequently get a bad rap as a way that employers can shift more health care costs over to employees, or as a deterrent for employees to get needed care. But when used effectively, HDHPs can benefit employer and… more »

03/23/15

  09:23:00 pm, by MedBen5   , 507 words,  
Categories: News, Health Plan Management, Health Care Reform, Taxes

Obamacare Celebrates the Big 0-5

Where has the time gone? It seems like only yesterday when President Obama and members of Congress were squabbling about the best way to ensure that all Americans had access to comprehensive and affordable health care coverage. And now here we are, five… more »

03/20/15

  09:49:00 pm, by MedBen5   , 312 words,  
Categories: News, Wellness, Incentives

Best Wellness Incentives Are Those Backed By Employer Support

More employers are tying wellness program incentives to measurable improvements on the part of plan members, a recent survey found... but an aggressive approach does carry some risk. According to the poll of 165 U.S. employers by the International… more »

03/18/15

  10:17:00 pm, by MedBen5   , 234 words,  
Categories: Announcements

Specialty Drugs A Major Factor In U.S. Drug Spending Increase

The rise in spending for specialty drugs has contributed to a 13.% increase in prescription drug spending in 2014, Business Insurance recently reported. According to the Express Scripts 2014 Drug Trend Report, the overall increase in national drug… more »

03/16/15

  10:06:00 pm, by MedBen5   , 228 words,  
Categories: News, Health Care Reform, Taxes

PCORI Meeting Its Goals, Government Accountability Office Reports

Remember the “PCORI fee," the annual charge all self-funded group health plans must pay to cover the cost of research to improve the delivery of medical care? According to the Government Accountability Office, your tax dollars have so far been properly… more »

03/12/15

  08:32:00 pm, by MedBen5   , 748 words,  
Categories: News, Prescription, Health Plan Management, Health Care Reform, Taxes, Reporting, Cost savings

MedBen University Roundtables Offer Industry Insights, Timely Advice

At MedBen, we are dedicated to giving our clients the information they need to make smart benefits management decision, in part through a variety of education session through MedBen University (MBU). In addition to presentations on such topics as… more »

03/11/15

  11:10:00 pm, by MedBen5   , 288 words,  
Categories: News, Consumer-driven Health Plans

FSA Grace Period Ending Soon For Some Plans

An important deadline is fast approaching for flexible spending account (FSA) participants whose plans offer a grace period deadline: if your plan year ended on December 31, 2014, March 15 is the final day to spend any remaining funds from 2014. The… more »

03/06/15

  10:19:00 pm, by MedBen5   , 315 words,  
Categories: Wellness

Want to Get Fit? Hit the Sack!

When people talk about the positive changes they need to make to get in better shape, diet and exercise invariably top the list. But there’s an equally important lifestyle modification that gets comparatively scant attention: improving your sleep… more »

03/04/15

  11:16:00 pm, by MedBen5   , 283 words,  
Categories: News, Health Care Reform

Supreme Court Hears Obamacare Subsidy Arguments

"Established by the State" -- four seemingly innocuous words that could determine the fate of the Affordable Care Act. Earlier today, the Supreme Court met to hear arguments regarding whether or not, under the letter of the health care reform law, the… more »

03/03/15

  04:51:00 pm, by MedBen5   , 437 words,  
Categories: Announcements

It's No Myth -- Wellness Works

Recently on the Employee Benefit News website, Ron Goetzel, Ph.D., of the health care consulting firm Truven Health Analytics, debunked some of the common myths about worksite wellness programs. While the entire article merits reading, we'd like to… more »