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At an unprecedented pace, employers are turning to consumer-driven health plans (CDHPs) to control benefits costs. To many, the CDHP provides a much-needed breakthrough by addressing the employee’s desire for choice along with the employer’s need for savings. MedBen remains on the cutting edge of the CDHP movement by offering a complete product line for both the self-funded and fully-insured employer. You can look to MedBen for: Experience.
MedBen has administered CDHPs since 1999. We were among the first to
administer a Health
Reimbursement Arrangement (HRA), beginning with the release of the
IRS guidelines in June of 2004. Our
dedicated CDHP division is overseen by a benefits specialist with more
than 18 years in the business. MedBen professionals have taught professional seminars on CDHPs to employers and benefits consultants throughout the Midwest via our MedBen University employer seminars. These free half-day programs explore the numerous cost-saving advantages of CDHPs. Personal
Service. Our staff provides employer guidance on how best to
set up your CDHP package, using decision support checklists. Our methods
promote the usage of best practice as determined by the industry and our
client experiences. Employee
Education. Our CDHP staff can assist with employee education,
conducting enrollment presentations and providing custom educational
materials for your employees. When MedBen is involved, plan enrollment
has increased as much as 50%. Online
Tools. MedBen prides itself on offering the latest in 24/7
online tools, which allow participants to track their account balances
and account activity. This takes some of the pressure off your Human
Resources Department by reducing employee inquiries. A
Variety of Options. MedBen offers a full line of CDHPs,
including the administration of Flexible
Spending Accounts and Health
Reimbursement Arrangements. We also offer a fully insured high-deductible
health plan (HDHP) in Ohio, Indiana and West Virginia and can
administer almost any custom-designed, self-funded HDHP. For those who
wish to complement their offering with a Health
Savings Account, we have available turn-key services. A Wellness Connection. Employers are beginning to link their wellness initiatives to their CDHP efforts. MedBen offers Worksite Wellness and can help coordinate programs that tie the two consumer-driven initiatives together. |