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Category: "Health Plan Management"

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06/17/13

  10:32:44 am, by MedBen5   , 189 words,  
Categories: News, Health Plan Management

More Employers Expect Higher Costs Under Reform Law

Employers aren’t overly optomistic that the Affordable Care Act will help their bottom line, finds a new survey by benefits consultant Mercer. According to The Wall Street Journal, just 9% of the 881companies surveyed feel the health care reform… more »

06/14/13

  05:33:55 pm, by MedBen5   , 240 words,  
Categories: News, Wellness, Health Plan Management

Oncology Care Management Promotes Effective Cancer Treatment

A recent Reuters article notes that at the annual meeting of the American Society of Clinical Oncology earlier this month, doctors “heard groundbreaking data on a new class of immune system boosters” that shrank tumors in patients with… more »
  04:26:48 pm, by MedBen5   , 272 words,  
Categories: Health Plan Management

Marketplace Creates Hospital Cost Differences, Says AHA

The fact that surgical costs differ from one hospital to another may not come a total surprise. But the recent introduction of a Medicare Provider Charge database by Health and Human Services, containing prices charged by more than 3,000 hospitals, has… more »

06/13/13

  04:59:56 pm, by MedBen5   , 200 words,  
Categories: News, Health Plan Management

Individual Health Plan Premiums Will Nearly Double, Says Ohio Dept. Of Insurance

Avik Roy warns Ohioans covered under individual health plans to prepare for some serious sticker shock next year: “Democrats continue to try to dismiss the evidence that Obamacare will dramatically increase the cost of insurance for people who buy it… more »
  05:12:45 am, by MedBen5   , 248 words,  
Categories: News, Health Plan Management

Health Care Fraud Can Be Costly To Employers

Taken together, the leading causes of medical fraud cost employers $4.93 per member per year in unnecessary payments, according to a new study by Truven Health Analytics. Employee Benefit News listed the six most common factors that drive fraud in… more »

06/06/13

  05:22:09 pm, by MedBen5   , 154 words,  
Categories: News, Health Plan Management

Health Care Reform Law Continues To Poll Negatively

With just months to go before some major provisions of the Affordable Care Act go into effect, most public opinion of President Obama’s signature legislature continues to fall in the “against” camp. A new NBC News/Wall Street Journal… more »

05/30/13

  08:19:01 pm, by MedBen5   , 215 words,  
Categories: News, Wellness, Health Plan Management

New Employer Wellness Rule Increases Incentive Maximum

Employers can use greater rewards – and penalties – to encourage wellness in the workplace, according to a newly released rule under the Afforable Care Act. New York Times reports that the rule will allow employers to offer financial… more »

05/28/13

  05:06:35 pm, by MedBen5   , 205 words,  
Categories: News, Health Plan Management

Employers Trading In "Cadillac" Plans For More Tax-Friendly Models

“The 2010 Affordable Care Act’s so-called Cadillac tax on high-premium health plans was initially projected to bring in $137 billion over the next decade. That estimate has now been trimmed to about $80 billion, a $57 billion decrease, the Congressional… more »

05/24/13

  08:43:00 pm, by MedBen5   , 238 words,  
Categories: Announcements, Prescription, Health Plan Management

MedBen Closed On Memorial Day, But Online Services Available

The staff of MedBen want to wish you and your family a happy and safe Memorial Day! Our home office will be closed on Monday, May 27 in observance of the holiday. We will reopen at 8:00 a.m. Tuesday, May 28, 2012. During this time, please remember… more »
  08:33:49 pm, by MedBen5   , 218 words,  
Categories: Prescription, Wellness, Health Plan Management

Health Care Apps To Make Your Smartphone Smarter

MedCity News showcases some cool (and in some cases, free) smartphone apps with the potential to help health care consumers make smarter choices: Pokitdok – A health marketplace with price transparency for health services, where consumers can… more »
  04:59:06 pm, by MedBen5   , 215 words,  
Categories: News, Health Plan Management

Most Employers Say They Will Offer Health Coverage Next Year

Pouring more fuel onto the “will they/won’t they” debate that has raged since the passage of the Affordable Care Act in 2010, the latest survey to gauge employer reaction to health care reform found that most companies say they will… more »

05/23/13

  09:27:32 pm, by MedBen5   , 145 words,  
Categories: News, Health Plan Management

Fewer Employers Have Grandfathered Plans, Survey Says

A decreasing number of employer groups have grandfathered health care plans, a new survey reveals. According to Business Insurance, the employer survey by International Foundation of Employee Benefit Plans found that only 27.3% of respondents said… more »

05/21/13

  09:12:16 pm, by MedBen5   , 222 words,  
Categories: News, Health Plan Management

Unclear Reform Laws Leave Plan Sponsors Guessing

“We don’t know how much information the Department of Health and Human Services will want.” According to Employer Benefits News, this statement became something of a mantra during a talk on the Affordable Care Act. Speaking at the International… more »
  04:11:39 pm, by MedBen5   , 239 words,  
Categories: News, Wellness, Health Plan Management

The "Three P's" And The Future Of Health Care Delivery

Digital technology will radically transform the practice of medicine, predicts Dr. David Levin, the Chief Medical Information Officer at the Cleveland Clinic. “Change is coming as we transition from a volume-based system to a value-based system, where… more »

05/19/13

  01:05:24 pm, by MedBen5   , 199 words,  
Categories: News, Wellness, Health Plan Management

IRS Tax Credit Guidelines For HSAs, HRAs And Wellness May Penalize Employers

Income tax credit guidelines for state-run insurance exchanges, released earlier this month by the IRS for eligible individuals, may also have a bearing on their employers. As the Benefit Blog notes, “any full-time employee who obtains such a credit may… more »

05/16/13

  05:07:22 pm, by MedBen5   , 139 words,  
Categories: News, Health Plan Management

MedBen Turns 75: "Only our clients are older than us"

From The Newark Advocate – “MedBen celebrates 75 years of growing big in small markets“: “Chairman and CEO Doug Freeman, who has headed MedBen for 25 years, said the company found many of its 427 clients in markets about the size of… more »

05/14/13

  05:05:47 pm, by MedBen5   , 210 words,  
Categories: News, Health Plan Management

Survey Reveals Small Business Concerns With Health Care Reform Law

“Small businesses are not on board with the Patient Protection and Affordable Care Act, according to a Gallup survey released last week. The survey of more than 600 small businesses, commissioned by law firm Littler Mendelson, finds that 48% of… more »

05/13/13

  09:31:26 pm, by MedBen5   , 172 words,  
Categories: Announcements, News, Health Plan Management

HHS Asking Businesses For Donations To Promote Reform Law

Following a refusal by Congress to provide extra funding to set up the Affordable Care Act, the Obama administration has turned to the private sector for help. The Washington Post reports that Health and Human Services Secretary Kathleen Sebelius has… more »

05/07/13

  08:56:06 pm, by MedBen5   , 306 words,  
Categories: News, Health Plan Management

New Reform Fees, Self-Funding Advantages Explored At MBU

Health care reform and its impact of self-funded group health coverage were among the topics at the latest MedBen University (MBU), held today at the Morrow Conference Center in Newark, Ohio. Caroline Fraker, MedBen Vice President of Compliance, has… more »
  04:45:16 pm, by MedBen5   , 244 words,  
Categories: News, Health Plan Management

Slow Health Care Spending Growth Not Just Due To Economy, Studies Suggest

The economic downturn of recent years is not the overriding factor for the slower growth in health care spending, two new studies suggest. The findings contradict earlier speculation that the slowdown was due primarily to the latest recession, which… more »

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