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Category: "News"

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11/05/17

  11:35:00 pm, by MedBen5   , 279 words,  
Categories: News, Heart, Research

Study Calls into Question Value of Heart Stents

British researchers have determined that a regimen of medications can be just as effective in treating heart patients as a coronary stent insertion to open blocked arteries. The results raise questions about the value of using stents for the treatment… more »

10/31/17

  08:52:00 pm, by MedBen5   , 271 words,  
Categories: Announcements, News, Quality, ISO

MedBen Continues to Maintain ISO Standards, Latest Audit Finds

MedBen continues to maintain ISO 9001 standards, according to a recent audit of the company's management system by independent auditor SAI Global. Following an onsite audit on October 4th of various internal functions and processes, the auditor… more »

10/27/17

  07:25:00 pm, by MedBen5   , 214 words,  
Categories: News, Consumer-driven Health Plans, Flexible spending accounts (FSAs)

IRS Bumps Up Health FSA Contribution Maximum

The Internal Revenue Service (IRS) has announced the annual inflation adjustment for flexible spending accounts (FSAs) for the 2018 tax year. As has been the case in previous years, contribution limits will see only modest increases or remain unchanged.… more »

10/20/17

  08:54:00 pm, by MedBen5   , 192 words,  
Categories: News, Prescription, Transparency, Pharmacy benefit manager (PBM)

Pharmacy Benefit Transparency? Nothing New for MedBen Clients

Pharmacy benefit transparency has been given a national spotlight with Anthem’s well-publicized allegations that Express Scripts overcharged them for prescription drugs (creating, in Anthem's words, an “obscene profit windfall”). In the latest… more »

10/08/17

  08:31:00 pm, by MedBen5   , 337 words,  
Categories: News, Prescription, Health Care Reform

Issue 2 Offers Uncertainty for Sponsors of Prescription Drug Plans

The Ohio Drug Price Relief Act, better known as Issue 2, has sparked plenty of debate (and earned TV stations a lot of money in ad time). If approved, the initiative would enable the state to buy prescription drugs for Medicaid and state retirement… more »

10/06/17

  10:33:00 pm, by MedBen5   , 154 words,  
Categories: News, Prescription, Health Care Reform

HHS Revises ACA Contraception Mandate

The Trump administration announced on October 6 that the Affordable Care Act’s (ACA) contraception mandate will be scaled back to allow exemptions for employers that claim a religious or moral objection to covering birth control, The Washington Post… more »

10/05/17

  05:01:00 pm, by MedBen5   , 229 words,  
Categories: Announcements, News, Wellness, Preventive care

In Praise of Primary Care

At KevinMD.com, family physician Glen R. Stream reminds us that this week is National Primary Care Week (just in case you somehow forgot), and the critical role that these doctors play: "A wealth of research continues to show that primary care not only… more »

09/24/17

  10:19:00 pm, by MedBen5   , 301 words,  
Categories: Announcements, News, MedBen Employees

Freeman, Delcher and Harris Celebrate 30 Years with MedBen

MedBen recently marked a most impressive benchmark: Three of our employees, including Chairman of the Board & CEO Doug Freeman, were honored for 30 years of service at an employee appreciation luncheon on Friday, September 15. Employees who had… more »
  10:13:00 pm, by MedBen5   , 245 words,  
Categories: News, Reporting, Population health management, MedBen Employees

MedBen Talks Health Management at Innovation Conference

MedBen clients were among those getting useful benefits management advice at the 4th Annual Sherrill Morgan Healthcare Innovation Conference on September 11-12, 2017. MedBen itself was also well-represented at the event, both as presenters and on the… more »
  09:03:00 pm, by MedBen5   , 206 words,  
Categories: News, MedBen Employees

MedBen Employees Take Part in United Way Week of Caring

MedBen is proud to be among the area companies that participated in the United Way of Licking County (OH) Week of Caring from September 15 to 22, 2017. Sixteen of our team members volunteered their time and talents toward the betterment of our… more »

08/09/17

  03:09:00 pm, by MedBen5   , 211 words,  
Categories: Announcements, News, Cost savings, Third party administration

MedBen Surveillance System -- Ten Years of Money Saved

In September of 2007, MedBen introduced to its self-funded clients an advanced surveillance system that took claims management to a higher level. And nearly 10 years later, our clients continue to realize significant savings from this system, which… more »

07/28/17

  08:04:00 pm, by MedBen5   , 367 words,  
Categories: News, Health Care Reform

Obamacare Lives. So Now What?

In the early morning hours of July 28, the Senate narrowly voted down a so-called "skinny repeal" of Obamacare... and in doing so, sealed the probability that the Affordable Care Act (ACA) will remain the law of the land for the foreseeable future.… more »

07/21/17

  05:36:00 pm, by MedBen5   , 327 words,  
Categories: News, Health Care Reform, Taxes, IRS

Reminder: PCORI Filing and Fee Deadline Approaching

As in years past, it's time for all self-funded employer health plan sponsors to file and pay the required Patient-Centered Outcomes Research Institute (PCORI) fee. While hope continues that payment of this fee may be suspended as part of the current… more »

07/16/17

  10:01:00 pm, by MedBen5   , 331 words,  
Categories: Announcements, News, ISO

Following Successful Audit, MedBen Recommended for ISO Recertification

MedBen has successfully completed its latest re-assessment audit of its ISO 9001 procedures and has been recommended for recertification, according to the company’s Chairman and CEO Doug Freeman. In its written recommendation, auditors from SAI Global… more »

06/16/17

  08:15:00 pm, by MedBen5   , 210 words,  
Categories: News, Wellness, Reporting, Cost savings, Hypertension, Population health management

MedBen WellLiving Clients See Lower 3-Year Cost Trend

By promoting employee wellness, MedBen WellLiving clients are realizing significantly lower health care costs. From 2014 to 2016, employers that integrated WellLiving into their health care package experienced just a 1.6% trend, compared to 8.5% trend… more »

06/07/17

  03:09:00 pm, by MedBen5   , 210 words,  
Categories: News, Cost savings, Third party administration, Self-funding

Rise in Multi-Million Dollar Claims Stresses Need for Cost Management Solutions

The elimination of lifetime maximums on self-funded health plans has led to a spike in multi-million dollar claims... and an even greater need for the claims management solutions provided through MedBen. According to the 2017 Sun Life Stop-Loss Report,… more »

06/02/17

  10:01:00 pm, by MedBen5   , 172 words,  
Categories: Announcements, News, Wellness, Cost savings, Third party administration, Self-funding

MedBen Cost Trend Remains Low... Especially for WellLiving Clients

Through effective claims management and intelligent plan design, cost trend for MedBen clients in 2016 was only 3.9%. And from 2012 to 2016, client cost trend averaged just 3.5% over the five-year period. But there's more to the story. MedBen clients… more »

05/30/17

IRS Announces 2018 HDHP Deductible, Out-of-Pocket Limits

As is the case every spring, the Internal Revenue Service (IRS) has released its guidance regarding the limitations for high deductible health plans (HDHP) for the coming calendar year. Rev. Proc. 2017-37 announces the limits that will apply to any HDHP… more »

05/21/17

  11:05:00 pm, by MedBen5   , 327 words,  
Categories: News, Health Care Reform, Taxes, IRS

Reminder: PCORI Filing and Fee Deadline Approaching

As in years past, it's time for all self-funded employer health plan sponsors to file and pay the required Patient-Centered Outcomes Research Institute (PCORI) fee. While hope continues that payment of this fee may be suspended as part of the current… more »

05/19/17

  05:18:00 pm, by MedBen5   , 227 words,  
Categories: Announcements, News

Millard Completes Chamber Leadership Program

MedBen Director of Data Processing & Technical Compliance Wayne Millard recently completed the Community Leadership of Licking County program, offered through the Licking County (OH) Chamber of Commerce. For completing the nine-month program, Wayne… more »

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