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Category: "Announcements"

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02/05/08

  09:16:27 am, by MedBen1   , 231 words,  
Categories: Announcements

MedBen scores 100 percent on 2007 SAS 70 audit

For the eighth consecutive year, MedBen has no findings from their annual SAS 70 Type II Audit. SAS 70 is short for “Statement on Auditing Standards No. 70: Service Organizations”, and defines the standards an auditor uses to measure a company’s… more »

01/09/08

  04:07:37 pm, by MedBen5   , 619 words,  
Categories: Announcements

Innovation Brings Results to MedBen Clients, More Service Diversity Planned for 2008

“How do we increase our value to our clients this year?” As a benefits company devoted to quality, we continually question how we can perform better, provide more and cost less. We want to deliver to each of our clients a level of service -… more »
  02:00:56 pm, by MedBen1   , 41 words,  
Categories: Announcements, Wellness

From the "News you can use" desk

The Wall Street Journal Health Blog clues us in on the simple things in life: How to increase your chances of surviving a fall from 47 stories and how to live an extra 14 years - separately, of course. Here is the article. more »

12/21/07

  04:15:35 pm, by MedBen1   , 15 words,  
Categories: Announcements

Holiday Hours

Happy holidays to MedBen clients, brokers, consultants and vendors. Please note our holiday hours here. more »

11/26/07

  11:40:36 am, by MedBen1   , 216 words,  
Categories: Announcements

HRAs and HSAs: Do you know the differences?

The Houston Chronicle’s business section recently included a good overview of the differences between Health Reimbursement Arrangements (HRAs) and Health Savings Accounts (HSAs). The article can be found here. MedBen tends to recommend HRAs more… more »

11/19/07

  02:55:51 pm, by MedBen5   , 240 words,  
Categories: Announcements

Introducing "Benny", The MedBen Debit Card!

If your employees use the MedBen debit card to make payments from their Flexible Spending Accounts (FSAs), they’ll soon find the process even more convenient! In response to group feedback, MedBen is replacing its current debit card with the “BennyTM”… more »

11/01/07

  12:00:01 am, by MedBen5   , 328 words,  
Categories: Announcements

WELCOME TO THE MEDBEN BLOG!

“News, Updates & Fresh Ideas.” That’s the philosophy behind The MedBen Blog, which will provide you with a steady stream of useful information about MedBen plans, products and services. We will also include stories of interest regarding… more »

10/31/07

  12:00:01 pm, by MedBen5   , 182 words,  
Categories: Announcements

MedBen Access: New Look, New Features and More Convenience!

MedBen Access has changed for the better! If you’re a frequent visitor of our 24/7 claims and benefits information website, you’ll notice some important differences on your next visit designed to make your online experience even more user-friendly,… more »

10/15/07

  08:12:58 am, by MedBen1   , 235 words,  
Categories: Announcements, Prescription, Health Plan Management

Pharmacy Pricing - what is AWP, how will it change and what can you do?

Segal Co. offers a good overview of the effect of the class action lawsuit related to drug pricing. You can get the summary from Segal’s website here. As Segal notes, the calculation for Average Wholesale Pricing, or AWP, was determined to… more »

10/08/07

  08:06:36 am, by MedBen1   , 139 words,  
Categories: Announcements

Beware of overused tests

Consumer Reports has a top 10 of overused medical procedures and the associated hazards in their November issue. A summary can be found on their web site. Among the top 10 are back surgeries (90% of of back pain goes away within six weeks), heartburn… more »

10/01/07

  01:25:29 pm, by MedBen1   , 137 words,  
Categories: Announcements, Prescription

Generic profit margins (or lack thereof) begin to take effect

Walgreen’s third quarter earnings were a good reflection of the general trend of tighter prescription drug margins. According to a posting on The Wall Street Journal’s Health Blog, “Despite higher revenues, Walgreen’s net income… more »

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