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Category: "Health Plan Management"

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03/26/13

  10:13:12 am, by MedBen5   , 234 words,  
Categories: News, Health Plan Management

More Big Companies Turning To High-Deductible Option

Larger companies are increasingly offering only a high-deductible health plan (HDHP) tied a savings account to pay for health expenses, according to the annual health benefits survey by Towers Watson and the National Business Group on Health. Kaiser… more »
  09:24:46 am, by MedBen5   , 151 words,  
Categories: Announcements, News, Health Plan Management

Sequestration Will Reduce Small Business Health Care Tax Credit

Barring congressional action, the recent budget sequestration will require reductions in the Small Business Health Care Tax Credit for some small tax-exempt employers, the Internal Revenue Service has announced. Accounting Today reports that the… more »

03/25/13

  10:52:45 am, by MedBen5   , 264 words,  
Categories: News, Health Plan Management

"Plan B" For Health Insurance Exchanges In Development

CQ HealthBeat (via The Commowealth Fund) reports that Health and Human Services is making contingency plans in the event that health care exchanges are not ready in time for launch. Gary Cohen, director of the Center for Consumer Information and… more »

03/22/13

  11:43:08 am, by MedBen5   , 276 words,  
Categories: News, Prescription, Health Plan Management

Guard Against PBM Tactics, Warns Rx Expert

Presenters at MedBen Universities in 2013 will include members of the MedBen team speaking on a variety of benefits management topics. But we also invite outside health care professionals to share their knowledge. One such featured speaker at many MBUs… more »
  10:18:14 am, by MedBen5   , 274 words,  
Categories: Health Plan Management

On Its 3rd Birthday, Affordable Care Act Not All That Was Promised

On the occasion of the Affordable Care Act turning the big “0-3″, John Merline of Investor’s Business Daily has compiled “10 Disturbing Facts Americans Have Learned” about the health care reform law. We highlight five here… more »

03/21/13

  02:07:36 pm, by MedBen5   , 182 words,  
Categories: Announcements, News, Wellness, Health Plan Management

MedBen Government Client Costs Trending Downward

MedBen conducted its annual Government Roundtable for current and prospective municipality clients omn March 21. And just like at its hospital-focused seminar a week earlier, Vice President of Sales and Marketing Brian Fargus had some good news to… more »
  11:30:49 am, by MedBen5   , 177 words,  
Categories: News, Health Plan Management

Two-thirds Of Americans Don't Understand Health Reform Law

The majority of Americans are still in the dark about how health care reform will affect them, finds a new Kaiser Family Foundation poll. On the eve of the third anniversary of the passage of the Affordable Care Act, two-thirds of the uninsured under… more »
  10:41:19 am, by MedBen5   , 201 words,  
Categories: News, Wellness, Health Plan Management

Therapy Can Work As Well As Surgery For Knee Injury

Physical therapy can prove just as effective for repairing the knee as surgery, a new study concludes. The Associated Press reports that a torn meniscus – one of the crescent-shaped cartilage discs that cushion the knee – can improve… more »

03/20/13

  05:08:58 pm, by MedBen5   , 263 words,  
Categories: News, Health Plan Management

Health Care Reform Changes Mean Greater Employer Responsibilities

A featured presenter at many MedBen Universities this year will be Caroline Fraker, MedBen Vice President of Compliance. Since the passage of the Affordable Care Act (ACA) in 2010, Fraker has spoken at numerous seminars about how changes to health care… more »

03/19/13

  12:25:02 pm, by MedBen5   , 189 words,  
Categories: News, Health Plan Management

Important Deadline Approaching For Many FSA/HRA Plan Members

A reminder for many MedBen FSA or HRA plan members: If you have a balance in your 2012 account that you still need to submit claims for, please do so right away! Most employers allow a “grace period” to submit reimbursement requests for… more »
  12:04:14 pm, by MedBen5   , 81 words,  
Categories: Health Plan Management

Health Care Reform Tax Increases Are Double Earlier Estimates

Estimates of original tax increases stemming from the implementation of health care reform rules were well off the mark, according to the TaxProf Blog: “The Joint Committee on Taxation recently released a 96 page report on the tax provisions… more »
  11:37:22 am, by MedBen5   , 251 words,  
Categories: News, Wellness, Health Plan Management

Hospital Ratings Websites Offer Differing Opinions

Only about 1 out of 10 Internet users consult online rankings of hospitals, says a Pew Research Center Survey – and those who do may come away confused. According to Kaiser Health News, multiple nonprofit groups now offer online evaluations of… more »

03/18/13

  10:42:51 am, by MedBen5   , 148 words,  
Categories: News, Health Plan Management

Some See Self-Funding By Small Businesses As "Threat" To ACA

“NorthBay Adventure is the kind of small business that could be expected to buy medical insurance for workers under sweeping health-act rules taking effect in 2014. But executive director George Comfort says that’s not likely to happen. “Instead,… more »
  10:04:50 am, by MedBen5   , 226 words,  
Categories: News, Health Plan Management

Most States Fail At Guaranteeing Price Transparency, Report Says

Most states come up short regarding laws that guarantee patient access to information on hospital and clinic prices, finds a new report from the employer group Catalyst for Payment Reform and the Health Care Incentives Improvement Institute. According… more »

03/15/13

  10:15:30 am, by MedBen5   , 199 words,  
Categories: News, Prescription, Health Plan Management

Health Care Price Inflation Slowest In 15 Years

Health care price inflation from January 2012 to January 2013 was only 1.5% – the lowest rate since December 1997, according to MedPage Today. “The Health Care Price Index was driven lower by declines in hospital, home health, nursing home,… more »

03/14/13

  04:39:01 pm, by MedBen5   , 227 words,  
Categories: Announcements, News, Health Plan Management

MedBen Hospital Groups See Savings In 2012

Hospital groups administered by MedBen saw cost declines in 2012, Vice President of Sales and Marketing Brian Fargus announced today at the company’s 11th Annual Hospital Roundtable. Fargus said that the average cost per employee per year for… more »
  02:08:30 pm, by MedBen5   , 279 words,  
Categories: News, Health Plan Management

Insurance Exchanges Will Offer More Benefits, And More Complexity

Coming on the heels of news about the complex application for federal health insurance comes this headline from NBC News: “Health insurance exchanges: Be ready to be overwhelmed“. The article lists four things people can expect from the new… more »

03/13/13

  09:57:34 am, by MedBen5   , 210 words,  
Categories: News, Health Plan Management

Federal Health Insurance Application Anything But Simple

Wasn’t health care reform supposed to making getting coverage easier? A 21-page draft of the federal Application for Health Insurance suggests just the opposite. According to the Associated Press, the Health and Human Services (HHS) Department… more »

03/12/13

  11:57:18 am, by MedBen5   , 230 words,  
Categories: News, Health Plan Management

Most Health Plans Don't Meet ACA "Essential Health Benefits" Criteria

Apparently, the Obama administration has set a pretty high bar for what constitutes “Essential Health Benefits". Technology company HealthPocket examined 11,000 individual health plans across the U.S. to determine how many of them met the… more »
  11:13:18 am, by MedBen5   , 220 words,  
Categories: News, Prescription, Health Plan Management

Drugmakers Go On Defense Against "Pay-To-Delay" Charge

The federal government and drug manufacturers don’t see eye-to-eye on so-called “pay-to-delay” deals – paid arrangements between brand-name and generic drugmakers to wait until a certain date before introducing lower-cost… more »

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