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Archives for: August 2015

08/28/15

  10:45:00 pm, by MedBen5   , 227 words,  
Categories: News, Health Plan Management, Cost savings

Employers Seeing Bigger Health Care Cost Increases, But MedBen Defies Trends

The state of health care costs in 2015, summed up in two new surveys (per Business Insurance): "Large employers are projecting health care costs before implementing plan design changes to increase an average of 6% in 2016, according to a National… more »

08/27/15

  06:04:00 pm, by MedBen5   , 249 words,  
Categories: News, Health Plan Management, Dental

Dental Coverage Reduces Need For Costly ER Visits

Dental benefits are sometimes an afterthought for employers when developing a group health care plan. But as a recent USA Today article makes clear, such coverage offers a valuable advantage -- financial as well as health-wise. According to the… more »

08/25/15

  05:31:00 pm, by MedBen5   , 270 words,  
Categories: News, Health Care Reform, Taxes

One In Four Employers May Get Struck By "Cadillac Tax"

Turns out there's quite a number of "benefit-rich plans" out there -- that is, if you base "benefit-rich" on the Obama Administration's criteria of which employers are likely to take a financial hit when the so-called gCadillac taxh rolls out in 2018.… more »

08/21/15

  10:29:00 pm, by MedBen5   , 288 words,  
Categories: Announcements, News, Wellness

Workplace Wellness Succeeds Only With Employee Awareness

Employee awareness is critical to the success of a company wellness program, yet many employees apparently aren't getting the message... which is why MedBen WellLiving takes an inclusive approach to worksite wellness. About 7 out of 10 employers offer… more »

08/20/15

  04:45:00 pm, by MedBen5   , 193 words,  
Categories: News, Consumer-driven Health Plans

FSA Contribution Limit Will Remain the Same in 2016, Experts Predict

Government statistics indicated that the maximum amount employees will be able to contribute to their flexible spending accounts in 2016 is expected to remain unchanged, reports Business Insurance. According to U.S. Bureau of Labor Statistics, the… more »

08/18/15

  05:19:00 pm, by MedBen5   , 335 words,  
Categories: Wellness, Health Plan Management, Cost savings

Despite Predictions, Employer-Sponsored Coverage Remains Strong -- And For Good Reason

"Reports Of The Death Of Employer Sponsored Health Insurance Are Greatly Exaggerated," reads the headline of a recent Forbes article. Blogger Todd Hixon cites a 2011 study that foretold a 30% drop in employer-sponsored health insurance (ESHI) would… more »

08/14/15

  09:15:00 pm, by MedBen5   , 236 words,  
Categories: News, Health Care Reform

GOP House Members Question Legality of Embedded Maximum Rule

Back in June, the ERISA Industry Committee, an employer lobbying group, asked the Obama administration to eliminate the "embedded" maximum out-of-pocket limit, a controversial Affordable Care Act regulation. And now, members of the GOP have chimed in on… more »

08/13/15

  10:47:00 pm, by MedBen5   , 192 words,  
Categories: Announcements, News

Licking County Chamber Names MedBen Business of the Year

MedBen was named Business of the Year by the Licking County Chamber of Commerce at the Chamber's 12th Annual Dinner & Awards Celebration on August 11. MedBen received the award based, in part, on its excellent record of customer service as well as… more »

08/11/15

  10:31:00 pm, by MedBen5   , 673 words,  
Categories: News, Health Plan Management, Health Care Reform

Department of Labor Updates Exempt Employee, Independent Contractor Definitions

Recently, the Department of Labor updated its position on a couple of topics relating to the Fair Labor Standards Act (FLSA). Below is a summary of these new rules. Definition of Exempt Employee First, the DOL has promulgated new rules which will… more »

08/07/15

  08:07:00 pm, by MedBen5   , 328 words,  
Categories: News, Wellness

Vaccines: A Much-needed Shot In The Arm

August is National Immunization Awareness Month... and because MedBen WellLiving encourages preventive care, here¡¯s a timely reminder to make sure your vaccinations are up to date. Shots may not be fun, but they can provide years ¨C or in some cases, a… more »

08/05/15

  11:14:00 pm, by MedBen5   , 224 words,  
Categories: Announcements, News, Security, Privacy

MedBen Puts Its Cybersecurity Measures To The Test

A new report says that only a small fraction of businesses are fully prepared to deal with cyber attacks. MedBen counts itself among them. According to BenefitsPro, the report by consulting firm Accenture found that only about half of the 900 companies… more »

08/04/15

  10:05:00 pm, by MedBen5   , 216 words,  
Categories: Announcements, News, Health Care Reform, Taxes

IRS Wants Your Thoughts On The "Cadillac Tax"

The Internal Revenue Services is looking for public input on one of Obamacare's more controversial regulations -- the so-called "Cadillac tax." Scheduled to take effect in 2018, the tax would penalize employer health care plans that exceed $10,200 for… more »

08/03/15

  10:15:00 pm, by MedBen5   , 381 words,  
Categories: News, Health Plan Management

How the Same-Sex Marriage Ruling Affects Spousal Benefits

As you no doubt remember, on June 26 the Supreme Court held in Obergefell v. Hodges that the “Fourteenth Amendment requires a state to license a marriage between two people of the same-sex and to recognize a marriage between two people of the same-sex… more »