Griffin Benefits
JULY 30, 2021
With over half of today's workforce enrolled in high-deductible health plans (51%), a majority of insured individuals are now on the hook for deductibles of at least $1,400. In doing so, you'll be helping them to become better consumers of healthcare and more satisfied enrollees in high deductible health plans.
AssuredPartners
AUGUST 5, 2021
These rules do not apply to pharmaceutical carve-out plans, as they are aimed at transparency in pricing regarding treatment at health care facilities. Health plans must provide an “Advanced Explanation of Benefits” to enrollees for scheduled services with a good faith estimate of the member’s cost-sharing, among other information.
InterWest Insurance Services
JUNE 22, 2023
The changes mean some or many of your employees will see significant reductions in their pharmaceutical outlays, particularly if they have high copays or deductibles. The moves come after the Inflation Reduction Act, signed into law in 2022, capped out-of-pocket insulin costs for seniors on Medicare at $35 per month.
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