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Category: "News"

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01/05/16

  09:18:00 pm, by MedBen5   , 252 words,  
Categories: News, Prescription, Cost savings

While U.S. Drug Spending Jumps, MedBen Rx Controls Costs

Government numbers indicate that prescription drug spending in the U.S. will likely continue to spike in the coming years... but MedBen is helping its clients to buck the trend. According to a recent analysis by the Centers for Medicare and Medicaid… more »

12/29/15

  07:14:00 pm, by MedBen5   , 430 words,  
Categories: Announcements, News, Health Care Reform, Reporting, IRS

IRS Extends Employer Health Coverage Reporting Deadline

IRS has Filing Requirement Previous Deadline Extended Deadline Sending 1095C forms to their Employees (if a large employer) or 1094B (if a self funded small employer) February 1, 2016 March 31,… more »

12/28/15

  08:17:00 pm, by MedBen5   , 211 words,  
Categories: News, Prescription, Wellness

Study Recommends Revising Threshold for Prescribing Blood Pressure Meds

If you've been putting off getting your blood pressure under control because it's "not too high," new research suggests that you talk to your family doctor about medication options... particularly if you're at high risk for a heart attack or stroke.… more »

12/21/15

  10:55:00 pm, by MedBen5   , 328 words,  
Categories: Announcements, News, Health Care Reform, Taxes, Cost savings, IRS

Cadillac Tax Delayed Until 2020

As was widely expected, on December 18 President Obama signed into law the Consolidated Appropriations Act of 2016 -- an omnibus spending and tax package that included in its amendments a two-year delay of the Affordable Care Act’s (ACA's) "Cadillac"… more »

12/15/15

  10:57:00 pm, by MedBen5   , 229 words,  
Categories: News, Prescription, Cost savings

Employers Take Measures to Reduce Specialty Drug Spending

Employer are increasingly looking to control pharmacy plan costs by limiting their responsibility for specialty drugs, finds a new Towers Watson survey. “Although pharmacy represents approximately 20% of employer-sponsored medical benefits costs, it is… more »

12/11/15

  10:45:00 pm, by MedBen5   , 241 words,  
Categories: News, Health Care Reform

Two-Year Reprieve for Employers on the Cadillac Tax?

If the growing chorus in Congress gets its way, the Cadillac tax on high-end insurance plans, currently scheduled for take effect in 2018, could be pushed back to at least 2020. Earlier this week, House Ways and Means Committee Chairman Kevin Brady… more »

12/08/15

  10:52:00 pm, by MedBen5   , 405 words,  
Categories: News, MedBen Analytics, Bundled Payments

MedBen Analytics Co-hosts Bundled Payment Webinar

Kurt Harden, President and COO of MedBen Analytics, and Kimberly Hartsfield, Vice President of GE Healthcare Camden Group, shared presenting duties during a bundled payment webinar on Thursday, December 3. A video of the presentation is available at the… more »

12/02/15

  10:11:00 pm, by MedBen5   , 176 words,  
Categories: Announcements, News, Prescription, Health Plan Management

2016 Formularies Now Available on MedBen.com

Formulary updates for prescription plans administered by Pharmacy Data Management, Inc. (PDMI) are now available at MedBen.com – simply click on “Plan Sponsors” (for employers) or “Plan Members” (for insureds) and select “Prescription Formularies” from… more »

11/30/15

  03:49:00 pm, by MedBen5   , 279 words,  
Categories: Announcements, News, Quality

Ten Years After ISO Certification, MedBen Continues To Show Quality Commitment

“The recommendation from this audit is that your certification continues.” On September 16, 2015, a representative from SAI Global conducted a surveillance audit of MedBen to determine its management system’s compliance with ISO 9001 standards, and its… more »

11/20/15

  09:25:00 pm, by MedBen5   , 260 words,  
Categories: News, Wellness

Granville Turkey Trot Reminder

Just a reminder that there's still time to register for the 2015 Granville Turkey Trot! For the third consecutive year, MedBen serves as a premier sponsor for this 5K fun run/walk, which will be held on Thanksgiving morning, November 26 in Granville,… more »

11/18/15

  11:04:00 pm, by MedBen5   , 404 words,  
Categories: News, Health Care Reform, Taxes, Cost savings

MedBen Offers In-depth ACA Reporting Guidance At Workshops

MedBen helped current and prospective clients gain a better understanding of how to comply with a critical health care reform mandate at two workshops on November 16 and 17. Mike Ankrum, Sr. Healthcare Reform Consultant for Five Points ICT. and… more »

11/13/15

  08:04:00 pm, by MedBen5   , 271 words,  
Categories: News, MedBen Analytics, Bundled Payments

Harden Chairs 2015 Bundled Payments Conference

Kurt Harden, President and Chief Operating Officer of MedBen, chaired the 2015 Healthcare Bundled Payment Conference held November 12 and 13 in Scottsdale, Arizona. The conference featured speakers from The Cleveland Clinic, Johns Hopkins Healthcare,… more »

11/12/15

  06:51:00 pm, by MedBen5   , 554 words,  
Categories: News, Cost savings

Investigation Of Improper ICD Use By Hospitals Results In $250 Million Settlement

Last month on this blog, we posted that the Department of Justice (DOJ) has been investigating the inappropriate placement of implantable cardiac devices (ICDs) in Medicare patients. The DOJ recently provided additional details about the results of its… more »

11/11/15

  04:51:00 pm, by MedBen5   , 200 words,  
Categories: News, Wellness, Health Plan Management

Health Care Coverage Tops Among Benefits For Recruiting, Retaining Employees

When it comes to benefits incentives that help to recruit and retain employees, health care coverage leads the way by a sizable margin, a recent survey reveals. Overall, 38% of respondents to 2015 Strategic Benefits Survey said that they used benefits… more »

11/06/15

  11:02:00 pm, by MedBen5   , 188 words,  
Categories: News, Health Care Reform

Supreme Court Agrees To Hear New ACA Contraception Objection

Last year, the Supreme Court narrowly ruled that certain businesses could request a religious exemption from covering women's contraceptives under their health plans. But today, the court accepted an additional challenge to the birth control mandate:… more »

11/03/15

  10:47:00 pm, by MedBen5   , 209 words,  
Categories: News, Prescription, Cost savings

As Prescription Drug Use Grows, So Does Need To Control Costs

Pharmaceutical use shows no sign of slowing, with nearly 60% of Americans using prescription drugs in 2011, new research finds. According to Reuters Health, a multi-year study revealed that prescription drug users rose from 51% of U.S. adults in 1999… more »

10/28/15

  02:50:00 pm, by MedBen5   , 249 words,  
Categories: News, Prescription, Wellness

For Diabetes Prevention, Healthy Living Beats Rx Fixes

However obvious it may seem, it bears repeating that the most effective wellness is frequently also the most basic. Case in post: newly released research pitting healthy lifestyles vs. medicine. According to Reuters Health, a 15-year diabetes study… more »

10/26/15

  05:29:00 pm, by MedBen5   , 243 words,  
Categories: News, Health Plan Management, Cost savings

Initial ICD-10 Implementation Reports Find No Claim Processing Disruptions

In the months -- more precisely, years -- leading up to the October 1 implementation of the ICD-10 medical coding system, there was no small amount of concern as to whether the massive increase in codes would create claims inaccuracies and turnaround… more »

10/20/15

  10:10:00 pm, by MedBen5   , 263 words,  
Categories: News, Health Care Reform

ACA Marketplace Enrollments Stall As Co-ops Drop Out

Many people covered under the health insurance marketplaces will find themselves with fewer plan options in 2016, as nearly a third of health insurance plans created under the Affordable Care Act have closed or are closing soon. According to The… more »

10/16/15

  10:39:00 pm, by MedBen5   , 330 words,  
Categories: News, Health Plan Management

2015 Transitional Reinsurance Reports Due

November means autumn leaves, turkey, football – and of course, Transitional Reinsurance (TR) reporting to the Centers for Medicare and Medicaid Services (CMS). During November, self-funded plan sponsors must provide their TR report to CMS and, in turn,… more »

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