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Archives for: May 2015

05/29/15

  03:11:00 pm, by MedBen5   , 186 words,  
Categories: News, Prescription, Health Plan Management

PBM Calls For Change In Cancer Drug Payment Structure

The Wall Street Journal reports that pharmacy benefits manager Express Scripts is seeking new payment deals with pharmaceutical companies for some cancer drugs based on their effectiveness. The common practice for PBMs is to pay the same per-unit rate… more »

05/26/15

  04:16:00 pm, by MedBen5   , 212 words,  
Categories: Health Care Reform, Taxes, Consumer-driven Health Plans

Cadillac Tax An Unnecessary Employer "Incentive"

A Business Insurance editorial calls on Congress to repeal the Affordable Care Act's "Cadillac" tax, which will penalize group health care plans premiums that exceed $10,200 for single coverage and $27,500 for family coverage: "One justification for… more »

05/25/15

  01:17:00 pm, by MedBen5   , 238 words,  
Categories: Announcements, Prescription, Health Plan Management

MedBen Closed On Memorial Day, But Online Services Open 24/7

The staff of MedBen want to wish you and your family a happy and safe Memorial Day! Our home office will be closed on Monday, May 25 in observance of the holiday. We will reopen at 8:00 a.m. Tuesday, May 26, 2012. During this time, please remember… more »

05/21/15

  03:04:00 pm, by MedBen5   , 357 words,  
Categories: Announcements, News

Corn Named MedBen Director

MedBen is pleased to announce the promotion of Andrea Corn to Director of Data Services and Special Investigation Unit (SIU). Corn has served customers of the health benefits management company since 1990. The promotion was made in recognition of… more »

05/18/15

  04:13:00 pm, by MedBen5   , 131 words,  
Categories: News, Health Plan Management, Health Care Reform

Employers Will Continue To Offer Health Care Coverage In 2016, Survey Finds

Apparently, Obamacare has not given employers sufficient confidence to release their employees into the wilds of the public insurance marketplace. According to a new survey by the International Foundation of Employee Benefit Plans, 98.2% of benefit… more »

05/15/15

  06:27:00 pm, by MedBen5   , 555 words,  
Categories: News, Wellness, Health Plan Management, Cost savings

MedBen Wellness Roundtable Offers Proven Success, Savings Strategies

MedBen University offered timely and practical worksite wellness advice at its First Annual Wellness Roundtable on May 14. Co-sponsored by MedBen and Sun Life Financial, the event explored wellness programs from multiple perspectives and provided a… more »

05/14/15

  04:49:00 pm, by MedBen5   , 214 words,  
Categories: Announcements

Health Care Plans Must Provide Free Coverage For All Contraceptive Types, HHS Says

In an effort to clear up confusion about the range of free prescription birth control that insurers and self-funded health care plans must provide to members, the Obama administration earlier this week released a clarification to the Affordable Care Act… more »

05/12/15

  05:45:00 pm, by MedBen5   , 276 words,  
Categories: News, Wellness

Diabetes Patients Add $10,000 To Health Plan Costs, Analysis Finds

Health care plans spend, on average, $10,000 more per person annually to treat individuals with diabetes than those who don't have the chronic disease, a new analysis reveals. According to Forbes, a review of large insurance company claims data by The… more »

05/08/15

  03:58:00 pm, by MedBen5   , 211 words,  
Categories: News, Health Plan Management, Cost savings

"Considering" Self-funding? At MedBen, Employers Are Buying It

In a recent interview by Employee Benefit Advisor, a representative from a national employee business service company says that fully-insured employers with as few as 50 employees "are seriously considering self-funding." At MedBen, our experience is… more »

05/07/15

  04:51:00 pm, by MedBen5   , 308 words,  
Categories: Wellness

Getting A Grip On Arthritis

Arthritis is considered the leading cause for disability in America, with more than 53 million adults and 300,000 children suffering from its symptoms. “Arthritis” is a loose term, referring to over 100 different types that are related to joint… more »

05/06/15

  10:21:00 pm, by MedBen5   , 144 words,  
Categories: Announcements, News, Consumer-driven Health Plans

IRS Announces 2016 HSA Inflation Adjustments

On Monday, the IRS announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2016. The HSA contribution limits will increase for families, but stay the same for self-only coverage. High-deductible… more »

05/05/15

  03:31:00 pm, by MedBen5   , 188 words,  
Categories: Announcements, News, Health Care Reform

ERs See Jump In Visits Since ACA Rollout

Obamacare problems, continued... Straight on the heels of last week's report that multiple states are having difficulty financing their insurance marketplaces, Monday saw the release of a poll showing a spike in emergency room visits since the… more »

05/01/15

  04:40:00 pm, by MedBen5   , 130 words,  
Categories: News, Health Care Reform

Many State Insurance Marketplaces Short On Funds

"Nearly half of the 17 insurance marketplaces set up by the states and the District under President Obama’s health law are struggling financially," reports the Washington Post today. Uncooperative technology and expensive customer-call centers… more »