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Captive Health Insurance and Prescription Drug Costs

AssuredPartners

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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Here’s What You Need to Know About Stop-Loss Health Insurance

Griffin Benefits

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. One solution means looking inward: transitioning from the fully funded model of healthcare benefits to self-funded health plans featuring stop-loss insurance.

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How Clinical Informatics Can Uncover Major Saving Opportunities in Healthcare Plans

Griffin Benefits

As healthcare costs have risen rapidly in the last decade, employer-sponsored health insurance premiums have followed,1 affecting both organizations and employees. However, changes to federal law now means small and middle-market employers are entitled to their benefits data by law , including pharmaceutical use and cost data.

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Inflation Reduction Act Passed, Signaling Changes to the Healthcare Industry

AssuredPartners

ARPA subsidies give help to nearly 90 percent of those who signed up for health coverage on the health insurance marketplaces during the 2022 open enrollment period, assisting individuals who make as much as $52,000 and families with an income of up to $106,000.

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6 Reasons to Work in France

Global People Strategist

Aerospace, automotive, pharmaceuticals, beauty products, skincare items, luxury goods, telecoms, and hospitality all play a significant role in keeping the French economy running successfully. Employee Benefits. Companies in France offer incredible perks to their employees that go beyond paid leave and bonuses.

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Employers seek new health care cost-control strategies

Business Management Daily

Employers’ longer-term commitment to sponsoring these benefits 10 years from now hit 74%, the highest level in the past decade. Reducing specialty pharmaceutical spending. More than half of employers said they offer apps to help employees relax and get better sleep. Health benefit spending follows the 20/80 rule.

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What employees expect from benefits packages

Business Management Daily

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. There’s no one-size-fits-all answer.