HR Digest

SEPTEMBER 16, 2023

Inflation is on the rise and so are the prices of everything, from gasoline to housing, with health benefits in the workplace the latest to report worrying numbers. 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%

Health and Welfare 85

Health and Welfare Employment Healthcare Pharmaceutical 85

McDermott Will & Emery Employee Benefits

JANUARY 26, 2023

The Biden administration recently proposed revising the process behind an outlet for pharmaceutical companies to resolve price fights for those participating in the 340B drug discount program.

Pharmaceutical 68

Pharmaceutical Employee Benefits Health and Welfare 68

McDermott Will & Emery Employee Benefits

DECEMBER 27, 2023

Pharmacy benefit managers (PBMs) are a key stakeholder in the drug supply chain, functioning as intermediaries between insurance providers and pharmaceutical manufacturers. Congress and other policymakers continue to seek opportunities to lower costs for patients and the federal government.

Pharmaceutical 93

Pharmaceutical Manufacturing Management Government 93

McDermott Will & Emery Employee Benefits

AUGUST 23, 2023

The US Court of Appeals for the Tenth Circuit recently held in Pharmaceutical Care Management Association v. Mulready (PCMA) that the Employee Retirement Income Security Act (ERISA) and Medicare Part D preempted several provisions of Oklahoma law regulating pharmacy benefit managers and pharmacy networks.

Pharmaceutical 72

Pharmaceutical Employee Benefits Management Health and Welfare 72

McDermott Will & Emery Employee Benefits

OCTOBER 17, 2023

Pharmacy benefit managers (PBMs) are a key stakeholder in the drug supply chain, functioning as intermediaries between insurance providers and pharmaceutical manufacturers. Congress and other policymakers continue to seek opportunities to lower costs for patients and the federal government. appeared first on EMPLOYEE BENEFITS BLOG.

Pharmaceutical 89

Pharmaceutical Management Manufacturing Government 89

McDermott Will & Emery Employee Benefits

OCTOBER 3, 2023

The New York State Department of Financial Services recently announced the publication of proposed regulations that would increase the state’s oversight of pharmacy benefit managers (PBMs). If enacted, the proposed regulations would create significant requirements for PBMs and would require prompt compliance by January 1, 2024.

Employee Benefits 87

Employee Benefits Management Health and Welfare Pharmaceutical 87