Deductions IT Pharmaceutical 
InterWest Insurance Services
DECEMBER 10, 2024
These drugs, known as GLP-1s, are contributing to a significant spike in pharmaceutical costs and adding to overall health care outlays. The Mercer survey concluded that employers would have to balance two priorities: Focusing on health care affordability and ensuring that their staff can afford their copays, coinsurance and deductibles.
CorpStrat
APRIL 30, 2025
Healthcare is a complex supply chain and many medical devices, pharmaceuticals, and even basic supplies like syringes, gloves, and diagnostic equipment are imported. Rising premiums, higher deductibles, and tighter networks. And then the patient. The possible result? 3 Key Ways Tariffs may Impact Employer Plans 1.
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Higginbotham
APRIL 8, 2025
Rising premiums, increased deductibles and mounting prescription drug costs can quickly erode health care budgets. Cost-Shifting to Employees: Higher deductibles, copays and out-of-pocket costs may ease the financial burden for public sector entities, but they could have a negative impact on employee satisfaction and team morale.
InterWest Insurance Services
AUGUST 15, 2024
As prescription drug costs continue growing and pricey new pharmaceuticals add to health plans’ cost burdens, some carriers are starting to reduce the number of medications they’ll cover and are imposing new barriers to accessing the most expensive ones. This is referred to as a pharmacy deductible.
InterWest Insurance Services
JUNE 22, 2022
Many employees choose pricey plans with low deductibles, which force them to spend more up front on premiums to save just a few hundred dollars on their deductible. Study 1: The deductible angle. As a result, workers paid an extra $528 in premiums for the year to keep their deductible at $750 instead of $1,000.
InterWest Insurance Services
JUNE 22, 2023
The changes mean some or many of your employees will see significant reductions in their pharmaceutical outlays, particularly if they have high copays or deductibles. Another report found that some people with high-deductible health plans were paying $350 to $600 a month, for a medicine that costs $6 to make. for a pen.
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., specialty drugs and cell and gene therapies). Employers can add aggregate stop-loss insurance to an existing plan or purchase it independently.
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