Employee Benefits

JANUARY 23, 2024

The NAECI staff, who are members of trade unions Unite and GMB, carry out essential repair and maintenance at oil refineries, power stations, and pharmaceutical and petro-chemical plants. pay increase appeared first on Employee Benefits. The workers will receive an 11.3% rise from this month and at least 5.5% from January 2025.

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AssuredPartners

JUNE 5, 2023

Captive insurance coverage that includes prescription drugs as part of the program is not new in the employee benefits marketplace. Many prescription drugs have been developed over the years and provide life-changing treatments for participating employees and their dependents.

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Employee Benefits

JANUARY 31, 2024

Credit: JHVEPhoto / Shutterstock.com Communications firm Arqiva, pharmaceutical business Novo Nordisk and global recruitment agency Strativ Group have been named as the healthiest places to work in Britain. Employers receive a personalised report with tailored recommendations and feedback from their employees.

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HR Professionals Magazine

MAY 2, 2022

with specialty drugs accounting for over 50% of total drug spend for most employers. The reality for most employers is that just 1-2% of their members are driving 45-50%, or more of their plan costs. There continues to be a push to find ways to address the growing impact of specialty medications on employer healthcare costs.

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Griffin Benefits

SEPTEMBER 5, 2023

As healthcare costs have risen rapidly in the last decade, employer-sponsored health insurance premiums have followed,1 affecting both organizations and employees. Data analytics is the first step in answering that question, directing employers toward what medical situations can sink a healthcare plan. WANT TO LEARN MORE?

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Business Management Daily

NOVEMBER 27, 2019

Curbing the cost of health care and increasing its affordability remain the top priorities for almost all employers over the next three years (93%), according to the 24th annual Best Practices in Health Care Employer Survey by Willis Towers Watson. Employers expect health care cost increases of 4.9% in 2020 compared with 4.0%

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HR Professionals Magazine

OCTOBER 4, 2022

Because many of these laws directly apply to plans subject to the Employee Retirement Income Security Act of 1974 (“ERISA”), the principal issue in many of the cases has been whether ERISA preempts those state laws impacting employer-sponsored health plans under which prescription drug coverage is offered. Pharmaceutical Care Mgmt.

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Employee Benefits

FEBRUARY 8, 2022

Employers with a strong agile culture more than treble their commercial performance, according to research. Businesses with a strong agile culture were found to be most prevalent in industries that were hit the hardest by the pandemic, including professional services, healthcare and pharmaceutical, government and education.

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Griffin Benefits

JULY 5, 2023

Employers of every size continue to struggle with the rising costs of healthcare, which ultimately increases the cost of medical premiums for everyone. In fact, after raising the prices of more than 1,400 prescription drugs in 2022, pharmaceutical companies started 2023 off with a 5% increase for more than 450 medications.

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HR Digest

MARCH 24, 2023

By Mark Campbell, Senior Vice President of Clinical Solutions at RxBenefits , the employee benefits industry’s first technology-enabled pharmacy benefits optimizer (PBO) Diabetes has reached epidemic proportions. It’s a growing concern for benefits advisors and self-insured employers.

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HR Digest

FEBRUARY 24, 2023

Operations Coordinator, Software Development Industry Save Costs Working remotely has the added benefit of saving both the employee and the employer money. For employers, remote work can reduce the need for office space, resulting in lower overhead costs. It’s a win-win for both parties!

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HR Professionals Magazine

AUGUST 31, 2022

Even this small number can increase total pharmacy costs by 50% and create challenges for employers who want to ensure employees have access to medications. At VeracityRx, we help employers and employees save money without shifting costs or reducing pharmacy benefits. Why Employers Love Us.

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Griffin Benefits

MARCH 1, 2023

A growing number of employers are currently experiencing a rise in catastrophic health claims, largely due to medical and pharmaceutical advances (e.g., As a result, many employers with self-funded health plans are actively looking for impactful mitigation strategies. specialty drugs and cell and gene therapies).

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Global People Strategist

MAY 25, 2022

Aerospace, automotive, pharmaceuticals, beauty products, skincare items, luxury goods, telecoms, and hospitality all play a significant role in keeping the French economy running successfully. France’s economic standing alone is enough to entice people to find employment in the European country. Employee Benefits.

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Business Management Daily

SEPTEMBER 15, 2021

Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal.

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HR Digest

MARCH 8, 2020

It conducts clinical trials on behalf of its pharmaceutical clients and provides regulatory, consulting, and market access to expedite the drug approval process. From project leaders to software engineer to medical writers; the employment opportunities are diverse. It is a biopharmaceutical services company with a global presence.

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HR Professionals Magazine

DECEMBER 5, 2021

When surveyed, nearly 70% of employers said specialty drug cost is their primary concern from a budgetary perspective. Pharmaceutical manufacturers continue to investment in development of high investment biologic therapies including orphan drugs for rare diseases.

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Griffin Benefits

JANUARY 25, 2023

Evaluating funding strategies for medical benefits programs may be a good place to start. With employers offering richer benefits to employees as a recruitment and retention incentive, organizations are taking a hard look at the options available. Be prepared to do more work on the front end.

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Griffin Benefits

MARCH 9, 2022

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.

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Pharmaceutical Out of Pocket Cost Management Manufacturing 52

Corporate Synergies

APRIL 1, 2019

Pardon the cliché, but bloated prescription costs are a hard pill for employees to swallow. 1 Then there’s the behind-the-scenes double Rx whammy: pharmaceutical companies increase prices and pharmacy benefit managers (PBMs) obscure the true cost of medications, causing more headaches for employees. Is there any relief?

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AssuredPartners

AUGUST 15, 2022

While the passage of this extension does not directly impact employer-provided group health insurance, it will certainly have indirect impacts. The employer shared responsibility provisions are sometimes referred to as “the employer mandate” or “the pay or play provisions.”

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