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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. trillion in annual health care expenditures are for chronic and mental health conditions. Ninety percent of the nation’s $3.5

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Shopping for Healthcare Services - 8 More Ways to Save Through Pricing Transparency

Griffin Benefits

As employee benefits consultants, we take our responsibility seriously to educate employers and employees on resources available to help reduce employee benefits program costs and out-of-pocket healthcare expenses. This is especially true for those enrolled in High Deductible Health Plans (HDHPs), but even for those who aren’t.

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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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New Health Plan Prescription Drug Reporting Mandate

AssuredPartners

For fully insured plans, health insurance carriers will be responsible for making the necessary reporting from a legal standpoint. Employers who sponsor self-funded health plans should coordinate with their self-funded TPA and pharmacy benefit manager (PBM) to ensure timely reporting of the required data.

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FEDlogic – An Employee Benefit Reducing Expenses & Offering Peace of Mind 

HR Professionals Magazine

By Kate Kellner Employer group healthcare plans have been the way American families get the care they need, when they need it – from annual physicals, childbirth, complex surgeries, and dialysis to end-of-life care. THE NEED FEDlogic has identified the need for healthcare avenues with better coverage and lower costs.

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Specialty Drug Spend: Cost Savings for Self-Funded Portfolio Companies

AssuredPartners

Employer-sponsored health plans continue to face increasing costs due to the rising price of medical procedures, prescription drugs, and administrative services in the broader health insurance industry. A growing cost burden for employer-sponsored health plans is specialty medications.

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New Approaches to Managing Health Care Costs, Improving Outcomes

InterWest Insurance Services

As health insurance and health care costs continue climbing, some employers are taking new and innovative steps to tamp down costs for themselves and their covered employees while not sacrificing the quality of care they receive. Depending on the PBM, this may or may not work.