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Pharmaceutical Giant Eli Lilly Sued for Age Bias

HR Digest

Recent reports suggest that Eli Lilly, a prominent pharmaceutical manufacturer, has been embroiled in a class-action lawsuit alleging discriminatory hiring practices against older job applicants. They argued that the company favored younger applicants, despite their equal or superior qualifications for the job.

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Employers Wrestling with Covering Weight-Loss Drugs

InterWest Insurance Services

These groundbreaking drugs — the most popular sold under the brand names Mounjaro, Ozempic and Wegovy — are partly to blame for overall pharmaceutical benefit costs jumping 8.3% Employers and insurers are now faced with the prospect of exploding drug costs if demand continues to boom and doctors write more prescriptions for them.

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Mitie, The Perfume Shop and NFU Mutual UK certified as UK top employers

Employee Benefits

Facilities management employer Mitie, The Perfume Shop, pharmaceutical firm Thornton and Ross, and insurer NFU Mutual UK have been certified as UK top employers. Created by the Top Employers Institute, the UK top employer accreditation recognises employers’ commitment to HR initiatives and practices.

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3 Ways to Strengthen Cost Management for Pharmaceutical Benefits

Griffin Benefits

Here are three ways to manage the cost of pharmaceutical benefits. If employers/plan sponsors and their pharmacy benefit managers (PBMs) can’t control the runaway costs for specialty drugs, they can at least slow the cost impact on the pharmacy benefit. Focus on fundamentals for Rx cost savings.

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PepsiCo and Pfizer named Top UK Employers 2023

Employee Benefits

Food and drink manufacturer PepsiCo UK and pharmaceutical firm Pfizer UK have made the Top UK Employers list for 2023. The Top Employers Institute compiled the list by reviewing HR policies and people practices across organisations around the world, including 99 UK organisations. The 10 Top UK Employers for 2023 were: Abbott.

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New Anti-Obesity Drugs Put Employers in a Quandary

InterWest Insurance Services

A surge in demand for pricey, new and highly effective anti-obesity medications could put a financial strain on employers who sponsor their employees’ health plans. Employers have long offered coverage for certain weight loss tools, such as bariatric surgery if employees qualify for the drastic procedure that requires an operation.

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Health Benefits in the Workplace at Risk: Employers Try to Absorb the Shock

HR Digest

Health benefits for employees are proving to be a huge investment for employers , with total health benefit cost per employee expected to rise 5.4% Pharmaceutical companies and researchers insist that costs have to remain high for the production and further research to be viable. on average in 2024.