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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

Large employers are unwavering in their plans to continue offering group health plans to their workers instead of funding individual reimbursement accounts that would allow them to shop for plans on government-run exchanges, according to new research. “It would make workers feel like you were cutting and running.”

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Healthcare Must be Focused on the Patient Journey 

HR Professionals Magazine

As the healthcare landscape has evolved to value-based care, employers, payers and pharmacy benefit managers (PBMs) have implemented new strategies to improve quality of care and affordability. Insulin prices have increased 600 percent over the last 20 years causing many consumers to be at risk of non-adherence due to cost.

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3 Ways to Strengthen Cost Management for Pharmaceutical Benefits

Griffin Benefits

They need to find ways to control spending on these treatments, lest the cost of the drug benefit become prohibitive. Here are three ways to manage the cost of pharmaceutical benefits. Focus on fundamentals for Rx cost savings. However, patient eligibility for these programs are not a given.

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March HR News Worth Review

Higginbotham

First, most non-grandfathered group health plans and health insurance issuers offering non-grandfathered health insurance coverage in the individual and group markets will be required to disclose personalized price and cost-sharing information to participants, beneficiaries and enrollees (or their authorized representatives).

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The Consolidated Appropriations Act: 2021’s Employee Benefits Provisions

McNees

The Consolidated Appropriations Act, 2021 (“Act”), signed by President Trump on December 27, 2020, contains several provisions affecting employee benefits. For more information on these changes and other employee benefit law changes, contact a member of our Labor and Employment or Employee Benefits Group.