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Category: "Self-funding"

03/25/18

  09:34:00 pm, by MedBen5   , 320 words,  
Categories: News, Prescription, Reporting, Cost savings, MedBen University, Self-funding, Trend

MedBen Hospital, Municipality Roundtables Spotlight Client Cost Trends

At two recent industry-specific MedBen University (MBU) roundtables, MedBen Vice President of Sales & Marketing Brian Fargus highlighted how the company's claims management solutions are keeping plan costs in check. From 2013 through 2017, the… more »

02/22/18

  07:31:00 pm, by MedBen5   , 259 words,  
Categories: News, Health Plan Management, Reporting, Third party administration, MedBen University, Self-funding

In Health Care Planning, One Size Does Not Fit All

A new Network for Regional Healthcare Improvement (NRHI) report highlights the wide disparity of health care costs in U.S. states, with average costs ranging from 17% above comparable populations in Colorado to 16% below in Maryland. The report notes… more »

01/01/18

A Note from Our Chairman and President

To our customers, consultants, and brokers: Welcome to 2018! For MedBen, the coming year carries a special significance, as we will celebrate our 80th anniversary in May. As with any benchmark anniversary, it gives us a chance to look back at how we’ve… more »

12/03/17

  11:18:00 pm, by MedBen5   , 232 words,  
Categories: Cost savings, Third party administration, Self-funding

Flexibility Adds to Self-funding Appeal

With all the uncertainly in the fully-insured market nowadays, it's little wonder that the popularity of self-funding continues to grow. Today, nearly 70% of U.S. employees are covered under employer-funded plans, as more businesses are seeing for… 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 »

06/04/17

  03:29:00 pm, by MedBen5   , 170 words,  
Categories: Research, Third party administration, Vision, Self-funding

Vision Coverage Looks Good, Employees Say

Adding vision benefits to a group health care plan sends a positive message to employees and serves as a useful retention tool, a recent survey reveals. According to the Employee Perceptions of Vision Benefits survey (via BenefitsPRO), an overwhelming… 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 »

05/05/17

  11:11:00 pm, by MedBen5   , 329 words,  
Categories: News, Health Care Reform, Self-funding, American Health Care Act

AHCA Clears House Hurdle, But Faces Uphill Senate Battle

It took a lot of old-fashioned wheeling and dealing, but on May 4 the Republican block of the House of Representatives managed to pass the American Health Care Act (AHCA) with 217 "yea" votes ‒ just one vote above the minimum number required for… more »

04/14/17

MedBen Helps Clients Controls High Claimant Costs

High cost claimants are among the leading contributors to health care spending, topping even medical inflation, pharmaceuticals and specific diseases. A study from the American Health Policy Institute and Leavitt Partners found that claimants who cost… more »

03/12/17

Final Reminders for MedBen University Roundtables

Two MedBen University industry-specific roundtables are just days away... so if you've been thinking of attending, now is the time to register! On Thursday, March 23, MedBen will host the 15th Annual Hospital Roundtable, sponsored by ISU Stop-Loss.… more »

12/29/16

  03:47:00 pm, by MedBen5   , 219 words,  
Categories: Wellness, Health Plan Management, Cost savings, Third party administration, Self-funding

Self-funding Allows Employers to Flex Cost Saving Muscles

With health care spending expected to reach one-fifth of the U.S. gross domestic product by 2025, it's more important than ever for businesses to have a greater degree of cost control with their health plan. Toward that goal, MedBen continues to help… more »