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Archives for: April 2015

04/30/15

  03:43:00 pm, by MedBen5   , 255 words,  
Categories: News, Health Plan Management, Reporting, Cost savings

5.5% Health Care Spending Growth Estimated For 1st Quarter 2015

Based on a preliminary federal estimate of economic activity in the first quarter of 2015, health care spending will continue to increase at a higher rate than in previous years, Modern Healthcare reports. Data released on April 29 by the U.S.… more »

04/29/15

  04:00:00 pm, by MedBen5   , 259 words,  
Categories: Announcements, News, Health Plan Management

Cadillac Tax Concerns Have Democrats Taking Action

In the matter of the Affordable Care Act, Democrats and Republicans in Congress have seldom seen eye-to-eye on its various regulations, responsibilities and penalties. But a looming tax could conceivably bring both sides of the aisle together. The… more »

04/28/15

  03:26:00 pm, by MedBen5   , 267 words,  
Categories: News, Health Care Reform

DOL Releases 2015 ACA Report to Congress On Self-funded Plans

It may not be riveting reading, but the DOL's latest report to Congress regarding the state of self-funded plans in still important. As you may recall, the Affordable Care Act (ACA) requires the Department of Labor to report general information on… more »

04/24/15

  02:02:00 pm, by MedBen5   , 147 words,  
Categories: News, Wellness

American Heart Association Has Seven Simple Tips For Worksite Wellness

Simple changes can make a major difference in a person's well-being -- and for employers looking to promote healthier workplace, the American Heart Association has seven messages that are words to live by. According to Reuters Health, the association… more »

04/22/15

  02:38:00 pm, by MedBen5   , 203 words,  
Categories: Announcements, News, Prescription, Cost savings

Pharmacy Cost Report Shows How "Middle Men" Can Save Money

Businesses often advertise that they "cut out the middle man and pass the savings on to you." And indeed, sometime that's an effective money-saving strategy. But not always. Case in point: A new report on cost management for Medicaid pharmacy benefits… more »

04/20/15

  03:39:00 pm, by MedBen5   , 328 words,  
Categories: Wellness

Getting Your Back “Back” on Track

“Lift with your legs, not with your back.” We’ve all heard it said a hundred times... and for good reason. It’s a smart bit of advice for anyone interested in avoiding a back injury. Roughly 65 million Americans suffer from back pain, ranking it among… more »

04/17/15

  04:38:00 pm, by MedBen5   , 401 words,  
Categories: News, Health Plan Management, Cost savings

Municipalities Get Benefit Planning Advice At MedBen Roundtable

Government business representatives gathered on April 16 at the C. Arthur Morrow Conference Center in Newark, Ohio for the 9th Annual MedBen Municipality Roundtable. Current MedBen clients were able through the presentations to see how their plan costs… more »

04/16/15

  03:50:00 pm, by MedBen5   , 274 words,  
Categories: News, Prescription

Nationwide Rx Spending Sees Largest Spike Since 2001

For the second time in as many months, a report shows that prescription drug spending spiked in 2014... due in large part to new specialty medicines. According to WebMD, the report by the IMS Institute for Healthcare Informatics finds that U.S. drug… more »

04/15/15

  03:00:00 pm, by MedBen5   , 255 words,  
Categories: News, Health Plan Management

MedBen On Schedule For ICD-10 Transition Deadline

Aesop of fable fame warned us that if you cry wolf too many times, the villagers will stop believing you. It's a lesson that is currently being played out by the federal government and a number of physicians and bill payers as the latest deadline for… more »

04/14/15

  03:01:00 pm, by MedBen5   , 284 words,  
Categories: News, Wellness, Incentives

An Effective Wellness Program Doesn't Stop With Financial Incentives

Using financial incentives as a carrot to promote worksite wellness continue to grow in popularity, according to a recent study. But at MedBen, experience has taught us that while an effective promotion tool, monetary perks alone don't sell a wellness… more »

04/10/15

  10:54:00 pm, by MedBen5   , 239 words,  
Categories: Announcements, Prescription

Opioids Misused By 1 In 4 Chronic Pain Patients, Study Finds

A recent study suggests that about one-quarter of chronic pain patients who are prescribed opioids use them improperly, Forbes reports. According to the International Association for the Study of Pain. 20-30% of opioids prescribed for chronic pain are… more »

04/09/15

  11:40:00 pm, by MedBen5   , 209 words,  
Categories: Health Care Reform

Obamacare To Cost $800 Billion In Taxes Over 10 Years

There's a well-known adage that goes, "To make money, you have to spend money. And based on the level of taxing under the Affordable Care Act, the Obama administration apparently has similar adage: "To save Americans money, you have to spend Americans'… more »

04/06/15

  04:16:00 pm, by MedBen5   , 242 words,  
Categories: News, Wellness, Cost savings

CDC: U.S. Death Rate From Hypertension Continues To Rise

The overall death rate from high blood pressure continues to rise in the United States, suggests a new report from the Centers for Disease Control and Prevention. According to HealthDay News, the report found that U.S. deaths linked to hypertension… more »

04/03/15

  04:22:00 pm, by MedBen5   , 280 words,  
Categories: News, Health Care Reform

DOL Final Regulations Change Definition of Spouse Under FMLA

On March 27, 2015, the United States Department of Labor’s rules amending the Family and Medical Leave Act’s regulatory definition of spouse became effective. Now, an eligible employee in a legal same-sex marriage will be able to take FMLA leave to care… more »

04/01/15

  08:50:00 pm, by MedBen5   , 132 words,  
Categories: News, Health Care Reform

Ohio Lowers Dependent Age Requirement for Self-funded Public Plans

Good news for Ohio public employers: Effective March 23, 2015, Ohio revised its dependent age requirement for self-funded public group plans. In effect, the change removes the extension of coverage required by these plan sponsors from “up to age 28” to… more »