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Category: "News"

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02/20/09

  01:02:51 pm, by MedBen5   , 104 words,  
Categories: News, Health Plan Management

ARRA Employment Provisions: Work Opportunity Tax Credit (WOTC)

Currently, tax credit is available to employers who electively hire individuals from one or more of nine targeted groups. The amount of credit available to the employer is dependent upon the amount of qualified wages paid by the employer. If you are an… more »
  01:00:45 pm, by MedBen5   , 49 words,  
Categories: News, Health Plan Management

ARRA Employment Provisions: H-1B Visas

ARRA prohibits any employer receiving Troubled Assets Relief Program (TARP) funds or certain federal loans from obtaining H-1B Visas for two years unless they have made a good faith effort to recruit and employ United States citizens for the job for… more »

02/18/09

  03:49:02 pm, by MedBen1   , 38 words,  
Categories: Announcements, News

Dean to head HHS? Don't count on it

The Wall Street Journal Health Blog discounts rumours that former Governor and Democratic National Committee Chairman, Howard Dean will be tapped to run Health and Human Services. Kansas Governor, Kathleen Sebelius remains the front-runner. Read the… more »

02/13/09

  01:26:12 pm, by MedBen5   , 384 words,  
Categories: News, Health Plan Management

Combined Stimulus Bill Calls for Substantial Employer COBRA Subsidies

A follow-up to our earlier article on COBRA provisions in the “American Recovery and Reinvestment Act", aka the stimulus plan: The negotiated House and Senate bill keeps the House’s proposed premium subsidy but reduces the length of… more »

02/11/09

  04:34:45 pm, by MedBen5   , 265 words,  
Categories: News, Health Plan Management

Stimulus Bill May Adversely Affect Employer COBRA Costs

Stimulus bills approved by the Senate and House of Representatives are currently winding their way through final Congressional negotiations en route to President Obama’s desk for approval. While many of the bills’ features have been… more »

11/26/08

  04:38:03 pm, by MedBen5   , 315 words,  
Categories: News, Wellness, Health Plan Management

CDHP and HDHP Participants Better Informed, Healthier

A survey by the Employee Benefit Research Institute finds that participants in a consumer-driven health plan (CDHPs), such as a flexible spending account (FSA) or a health reimbursement arrangement (HRA), or a high-deductible health plan (HDHP) make… more »

10/31/08

  08:49:07 am, by MedBen5   , 162 words,  
Categories: Announcements, News, Health Plan Management

MedBen Saves Clients an Additional $5.4 Million in Just 12 Months!

Since MedBen added AWAC® advanced surveillance software to its claims review process last year, clients have benefited in a big way! From October of 2007 through September of 2008, MedBen clients have saved an additional $5.4 million using this… more »

10/23/08

  04:56:43 pm, by MedBen5   , 262 words,  
Categories: News, Health Plan Management

Out of Balance

An illegal medical practice known as “balance billing” is costing consumers over $1 billion a year, according to an article in Business Week. When a health care provider believes that an insurer has not adequately compensated them for… more »

10/03/08

  09:32:31 am, by MedBen5   , 177 words,  
Categories: News, Health Plan Management

Executive, Heal Thyself!

Executives looking to trim health care costs from the company budget may need to start with their own personal maintenance programs. According to an article on The Wall Street Journal Health Blog, some upper-level businessmen receive physicals that go… more »

08/28/08

  04:24:16 pm, by MedBen5   , 203 words,  
Categories: Announcements, News, Wellness

MedBen Recognized as a "Fit-Friendly" Company

MedBen is among an elite group of organizations that have been awarded Gold Fit-Friendly Company status by the American Heart Association (AHA). This honor recognizes ongoing companywide efforts to promote physical, nutritional and cultural wellness… more »

08/20/08

  07:06:57 pm, by MedBen5   , 125 words,  
Categories: News, Wellness, Health Plan Management

More Employers Offering CDHPs

Consumer-driven health plans (CDHPs) now account for nearly 13 percent of all plans offered by employers, according to a survey conducted by United Benefits Advisors. From 2007 to 2008, the number of health plans offering a CDHP increased by 43 percent,… more »

08/01/08

  07:59:16 pm, by MedBen5   , 257 words,  
Categories: News, Prescription

Dog Days of Summer for Drug Makers

It’s turning out to be a less-than-sunny summer for members of the pharmaceutical industry. On the heels of their voluntary ban on promotional items for doctors, prescription drug companies are dealing with extra-strength headaches both external… more »

07/10/08

  10:43:13 am, by MedBen1   , 26 words,  
Categories: News, Prescription

End of an era

The Wall Street Journal Health Blog reports that a new code of conduct among drugmakers may bring an end to free pens, pads and coffee mugs. more »

06/26/08

  05:02:49 pm, by MedBen5   , 258 words,  
Categories: News, Health Plan Management

Protecting Against Auto-adjudication Fraud

Processing claims electronically with auto-adjudication software is a common practice in the insurance industry, but without sufficient safeguards in place such systems is vulnerable to fraud – a lesson recently learned the hard way by Medicare, which… more »

06/25/08

  11:25:20 am, by MedBen5   , 175 words,  
Categories: News, Wellness

Employers Adjusting Health Care Benefits, Promoting Wellness

A survey conducted by the Society for Human Resource Management (SHRM) reveals that current economic conditions have led some employers to take a long-term approach to employee health: scaling back certain health care benefits while encouraging worksite… more »

06/24/08

  06:38:32 pm, by MedBen5   , 113 words,  
Categories: News, Wellness

Pressure Points

Yet another reason for employers to promote worksite wellness: The New York Times reports that drugs designed to lower blood pressure are losing their effectiveness, as patients are becoming sicker overall. An American Heart Association panel of… more »
  06:04:06 pm, by MedBen5   , 184 words,  
Categories: News, Health Plan Management

Prepaid Benefits: It's All in the Cards

An Employee Benefit News article states that more employers are learning what MedBen clients have known for some time now: Prepaid benefit cards are a smart accessory to many consumer-driven health products. Plan participants with a flexible spending… more »

04/14/08

  07:48:44 am, by MedBen1   , 66 words,  
Categories: News

Odds of dying: 1 in 1

Makes sense but National Geographic has laid it out in a neat little chart. Your odds of dying from a variety of causes: “You know what it is?” she said. “Everybody’s got to die. You always want to write about what’s going to affect somebody, and… more »

01/23/08

  11:24:51 am, by MedBen1   , 98 words,  
Categories: News, Prescription, Health Plan Management, Incentives

Towers Perrin releases 2008 Cost Survey

Expect health care costs to rise by an average of 6%, says Towers Perrin in their 2008 Health Care Cost Survey (available here). Most of MedBen’s stop-loss carriers are using a 13%-15% trend and MedBen Mutual is using a 15.5% medical trend.… more »

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