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Archives for: May 2019

05/31/19

  10:56:00 pm, by MedBen5   , 144 words,  
Categories: Announcements, News, MedBen Employees

MedBen Employees Raise Over $15,000 for Local Food Pantry

MedBen recently presented a check for $15,434.70 – the culmination of a year-long fundraising effort – to the Food Pantry Network of Licking County. The Food Pantry will use the contribution to acquire, store, and distribute nutritious food to… more »

05/30/19

  08:17:00 pm, by MedBen5   , 120 words,  
Categories: Prescription, Cost savings, Transparency, Pharmacy benefit manager (PBM), MedBen Rx, Rebates

With MedBen Rx, Employers Pay Only What’s Necessary

The MedBen Rx approach to drug pricing is straightforward. We keep client costs low by reimbursing pharmacies what they pay for prescription drugs, plus a reasonable dispensing fee. By doing so, we ensure that self-funded employers get the maximum value… more »

05/29/19

  04:51:00 pm, by MedBen5   , 308 words,  
Categories: Health Care Reform, Taxes, Compliance, PCORI, Affordable Care Act

Reminder: PCORI Filing and Fee Due Deadline Approaching

Yep, it’s that time of year again. As in years past, no later than July 31, 2019, all self-funded employer health plan sponsors are required to file and pay their Patient-Centered Outcomes Research Institute (PCORI) fee. But there’s good news this… more »

05/19/19

MedBen Shatters Industry Norms

MedBen medical and pharmacy claim costs rose only 0.4% per employee for clients in 2018, shattering national data norms that reported an average of 6% cost increases. Our pharmacy claim costs alone dropped 2.7% last year, due to the introduction our new… more »

Memorial Day Reminder

The staff of MedBen want to wish you and your family a happy and safe Memorial Day weekend! Our home office and client services will be closed on Monday, May 27 in observance of the holiday. We will reopen at 8:00 a.m. on Tuesday, May 28. But should… more »

05/18/19

  10:23:00 am, by MedBen5   , 166 words,  
Categories: Prescription, Cost savings, Transparency, MedBen Rx

Price Disclosure in Rx Ads Doesn’t Tell Full Story

The Trump administration recently announced that drug makers will now have to include prices in their TV advertising beginning this summer. Prescription drug cost transparency is a good thing… and MedBen makes transparency a keystone of its pharmacy… more »

05/17/19

  08:44:00 pm, by MedBen5   , 187 words,  
Categories: Announcements, News, MedBen Employees

Kelly Completes Chamber Leadership Program

MedBen Director of Compliance and Medical Management Erin Kelly recently completed the Community Leadership program offered through the Licking County (OH) Chamber of Commerce. The nine-month program fosters the intellectual growth of local leaders by… more »

05/16/19

  11:14:00 am, by MedBen5   , 148 words,  
Categories: Wellness, Cancer, Heart, Diabetes, Hypertension, Preventive care, Cholesterol, Primary care, MedBen WellLiving

Adding Fiber to Your Diet Reduces Disease Risk

According to a recent study, people who eat between 25 and 29 grams of fiber per day reduce their risk of developing heart disease, diabetes and colon cancer by 15-30%. “Americans are getting, on average, about 12 and a half grams of fiber each day,… more »

05/15/19

  07:37:00 pm, by MedBen5   , 129 words,  
Categories: Wellness, Heart, Preventive care, MedBen Employees, MedBen WellLiving

MedBen Teams Up to Battle Heart Disease

For the fourth consecutive year, MedBen was well-represented at the Licking County (OH) HeartChase, sponsored by the American Heart Association (AHA). On May 4, area organizations met in the Newark town square to promote healthy hearts, raise funds to… more »

05/14/19

  03:04:00 pm, by MedBen5   , 341 words,  
Categories: Wellness, Hypertension, Preventive care, Specialty Care

Blood Pressure, By the Numbers

If you have high blood pressure (also called hypertension), you’re hardly alone out there. About 1 in 3 U.S. adults share your condition. And just because you don’t “feel” like you have high blood pressure doesn’t mean you’re in the clear. The… more »

05/06/19

Case Study: Direct Contracting Further Lowers Client Costs

MedBen facilitates direct-to-employer contracting, bringing together employers and providers in plans that promote regional care. Recently, a client looking for cost reduction opportunities saw the benefits first-hand. A manufacturer with a traditional… more »

05/05/19

  11:52:00 am, by MedBen5   , 183 words,  
Categories: Prescription, Cost savings, MedBen Rx, MedBen Rx Advocate, MedBen Rx Alliance

MedBen Clients Reduced Costs Nearly 3% Using Rx Solutions

Employers who utilized MedBen pharmacy solutions in their 2018 plans realized an average 2.7% decrease in per-member spending from 2017. The cost reductions coincide with last year’s emergence of MedBen Rx’s innovative programs to help clients lower… more »

05/03/19

  05:52:00 pm, by MedBen5   , 232 words,  
Categories: Health Care Reform, Third party administration, Compliance, Self-funding, Transparency, Billing, Government

Fraker, SPBA Members Discuss Surprise Billings in D.C.

MedBen Senior Vice President Caroline Fraker visited Washington, D.C. with fellow members of the Society of Professional Benefit Administrators (SPBA) Board of Directors on April 23, to speak with House Committee on Education and Labor officials on the… more »

05/02/19

  04:25:00 pm, by MedBen5   , 177 words,  
Categories: Wellness, Heart, Mental Health, MedBen WellLiving

"Family Doctor First" Benefits Physical and Mental Wellness

Millions of Americans are feeling pretty stressed these days, and it's not doing their hearts any good. In a worldwide Gallup poll, about 55% of U.S. respondents said they'd felt stress "a lot of the day" before… and a separate analysis found that a… more »