Tough questions to ask your broker when evaluating your PBM
Employee Benefit News
OCTOBER 29, 2024
The CEO of True Rx Health Strategists shares how to advocate for better pharmaceutical benefits.
KinderCare's on-site child care center helps parents at this pharmaceutical firm thrive
Employee Benefit News
APRIL 3, 2024
The Apple Blossom Learning Center focuses on early education and sustainability, and is just a short walk from the office.
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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders
More Than a Benefit: Group Medicare and the Psychology of Retirement
Trending Sources
Tariffs and Health Benefits: The Hidden Cost Employers May Not Be Able To Ignore
CorpStrat
APRIL 30, 2025
But heres the hidden truth: tariffs may quietly drive up the cost of employer-sponsored health benefits, affecting your bottom line and your ability to attract and retain talent. The post Tariffs and Health Benefits: The Hidden Cost Employers May Not Be Able To Ignore appeared first on CorpStrat Employee Benefits | Insurance Planning.
The Pharmaceutical Revolution: AI Developed Drugs
Pacific Prime
MAY 30, 2024
The pharmaceutical industry is witnessing a surge in startups exploring the application of machine learning, attracting substantial investments. This Pacific Prime article dives into the transformative impact of AI in drug discovery, The post The Pharmaceutical Revolution: AI Developed Drugs appeared first on Pacific Prime's Blog.
Pharmacy Benefit Manager Reform: What’s on the Horizon? (December 2023 Update)
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 […] The post Pharmacy Benefit Manager Reform: What’s on the Horizon? December 2023 Update) appeared first on EMPLOYEE BENEFITS BLOG.
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Why Mid-Sized Employers Should Look at Employee Benefits Captives
Griffin Benefits
JANUARY 25, 2023
With employers offering richer benefits to employees as a recruitment and retention incentive, organizations are taking a hard look at the options available. Those who choose to pursue a captive for employee benefits should: Find the right captive for the organization.
Tenth Circuit Reaffirms Preemption of State Pharmacy Network Regulations
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.
The impact of rising health care costs on public sector budgets
Higginbotham
APRIL 8, 2025
Budgetary Strain on Benefits One of the most significant impacts of these changes for public sector entities hits the overall administration and budget for their employee benefits. This strain forces public sector entities to make difficult decisions in regard to benefit design, cost-sharing and overall plan affordability.
Pharmacy Benefit Manager Reform: What’s on the Horizon?
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. PBMs administer […] The post Pharmacy Benefit Manager Reform: What’s on the Horizon? appeared first on EMPLOYEE BENEFITS BLOG.
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Drug Discount Review Boards Proposed by Biden Health Agency
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.
3 Ways to Strengthen Cost Management for Pharmaceutical Benefits
Griffin Benefits
MARCH 9, 2022
They need to find ways to control spending on these treatments, lest the cost of the drug benefit become prohibitive. Here are three ways to manage the cost of pharmaceutical benefits. Because of its increased percentage of total drug spending, specialty drug costs are proving a major headache for plan sponsors.
Bristol-Myers Squibb and McDonald’s named in top 25 best places to work in Europe
Employee Benefits
JANUARY 3, 2024
Credit: IB Photography / Shutterstock.com Pharmaceutical firms Takeda and Bristol-Myers Squibb and fast food chain McDonald’s have been named among the top 25 best places to work in Europe for 2023 by Best Places to Work.
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PepsiCo and Pfizer named Top UK Employers 2023
Employee Benefits
JANUARY 17, 2023
Food and drink manufacturer PepsiCo UK and pharmaceutical firm Pfizer UK have made the Top UK Employers list for 2023. The post PepsiCo and Pfizer named Top UK Employers 2023 appeared first on Employee Benefits. Image credit: 8ED8 / Shutterstock.com. I believe it will help us attract yet more top talent.”
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New Anti-Obesity Drugs Put Employers in a Quandary
InterWest Insurance Services
JUNE 29, 2023
As a result, pharmaceuticals like Novo Nordisk’s weight-loss-specific Wegovy and Saxenda, and Ozempic — a diabetes medication from the same company — are now in high demand. They want to attract and retain high-quality talent, but they don’t want to break the bank on their employee benefits offerings.
Mitie, The Perfume Shop and NFU Mutual UK certified as UK top employers
Employee Benefits
JANUARY 22, 2024
Facilities management employer Mitie, The Perfume Shop, pharmaceutical firm Thornton and Ross, and insurer NFU Mutual UK have been certified as UK top employers. The post Mitie, The Perfume Shop and NFU Mutual UK certified as UK top employers appeared first on Employee Benefits.
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Open Enrollment Prep: Identify Workers’ Needs, Consider Costs to Plan Benefits
InterWest Insurance Services
NOVEMBER 11, 2024
With answers and feedback in hand you can create a benefits package which is more appealing to them, which in turn gives you a competitive edge when attracting and retaining workers. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.
How Clinical Informatics Can Uncover Major Saving Opportunities in Healthcare Plans
Griffin Benefits
SEPTEMBER 5, 2023
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. HUB's Employee Benefits Advisors can help connect data to improved benefits and healthcare for your workforce. WANT TO LEARN MORE?
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Viatris launches global mental wellbeing platform
Employee Benefits
MAY 2, 2024
All rights reserved Pharmaceutical organisation Viatris has launched a mental wellbeing platform for its 300 employees globally. The post Viatris launches global mental wellbeing platform appeared first on Employee Benefits. Copyright © 2023 Viatris Inc.
Macmillan Cancer Support appoints first chief people and culture officer
Employee Benefits
SEPTEMBER 12, 2024
Prior to this, Okosi held similar roles at other health organisations, including Nursing and Midwifery Council, General Pharmaceutical Council, and the South East Coast Ambulance Service NHS Foundation Trust. The post Macmillan Cancer Support appoints first chief people and culture officer appeared first on Employee Benefits.
Vertex and Gi Group shortlisted for Best benefits to support work-life balance and hybrid working
Employee Benefits
MAY 19, 2023
Biopharmaceutical organisation Vertex Pharmaceuticals and recruitment firm Gi Group have made the shortlist for Best benefits to support work-life balance and hybrid working at the Employee Benefits Awards 2023. This year, it will be held at the Honourable Artillery Company, London on 23 June.
GlaxoSmithKline plant employees strike after rejecting 6% pay deal
Employee Benefits
MAY 2, 2023
Employees of pharmaceutical business GlaxoSmithKline (GSK) have commenced a series of walkouts across the UK from today (2 May) in an ongoing dispute over pay. More than 160 employees, who are members of trade union Unite, rejected a pay offer which included a 6% increase and a one-off lump sum of £1,300.
Ditch the Monday Morning Commute: How Remote Work Can Benefit Your Employees and Business
HR Digest
FEBRUARY 24, 2023
At my company, we have noticed that remote work has become a top consideration for potential employees. HR Manager, Pharmaceutical Industry Leverage Technology To ensure the success of a remote work policy, HR professionals must leverage technology effectively. That’s a staggering statistic that cannot be ignored!
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Domestic and General appoints chief people officer
Employee Benefits
MARCH 13, 2023
Capitanio has more than two decades of experience across sectors including pharmaceuticals, telecommunications, hospitality and mining. The post Domestic and General appoints chief people officer appeared first on Employee Benefits. She joined from BT, where she was the director of human relations across the consumer division.
BBC names chief people officer
Employee Benefits
MARCH 6, 2023
Prior to this, he was the first chief diversity officer at Alexion Pharmaceuticals, where he was a member of its executive committee. I believe that by curating a world-class employee experience at the BBC, we can effectively drive our ambitious Value for All strategy and unleash breakthroughs for our audiences.
Tribunal finds AstraZeneca scientist with mental health disability was wrongfully dismissed
Employee Benefits
FEBRUARY 5, 2024
James Muir, a senior scientist who had been developing the pharmaceutical firm’s recently approved cancer drug Truqap, had worked there since 1998. The post Tribunal finds AstraZeneca scientist with mental health disability was wrongfully dismissed appeared first on Employee Benefits.
Agile cultures create more engaged staff
Employee Benefits
FEBRUARY 8, 2022
Businesses with a strong agile culture were found to be most prevalent in industries that were hit the hardest by the pandemic, including professional services, healthcare and pharmaceutical, government and education. The post Agile cultures create more engaged staff appeared first on Employee Benefits.
Arqiva and Novo Nordisk named healthiest places to work in Britain
Employee Benefits
JANUARY 31, 2024
Credit: JHVEPhoto / Shutterstock.com Communications firm Arqiva, pharmaceutical business Novo Nordisk and global recruitment agency Strativ Group have been named as the healthiest places to work in Britain. The post Arqiva and Novo Nordisk named healthiest places to work in Britain appeared first on Employee Benefits.
Engineering construction staff accept 17.4% pay increase
Employee Benefits
JANUARY 23, 2024
The NAECI staff, who are members of trade unions Unite and GMB, carry out essential repair and maintenance at oil refineries, power stations, and pharmaceutical and petro-chemical plants. pay increase appeared first on Employee Benefits. The workers will receive an 11.3% rise from this month and at least 5.5%
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How much is my drug copay?
CorpStrat
AUGUST 15, 2024
” It seems like it should be a simple answer, but in today’s rapidly changing pharmaceutical and insurance landscape, it’s becoming increasingly complicated. The pharmaceutical landscape is changing rapidly, and consumers need to stay informed and proactive. Let us share our experience and what our clients can learn.
Exclusive: Natwest Group and Teva shortlisted for Best benefits to support menopause
Employee Benefits
JUNE 9, 2023
Banking organisation Natwest Group and Teva Pharmaceuticals have been shortlisted in the category Best benefits to support menopause at the Employee Benefits Awards 2023. The 21st annual Employee Benefits Awards will be held at the Honourable Artillery Company, London on Friday 23 June.
Merlin Entertainments hires first chief experience and people officer
Employee Benefits
JULY 27, 2023
In this newly created role, Holt will be responsible for both the guest experience and the employee journey of Merlin’s 30,000-strong workforce. Holt has more than 20 years of experience working in global businesses across the pharmaceutical, finance, franchising, and sales industries. He will join the executive team from August.
State Prescription Drug Legislation
HR Professionals Magazine
OCTOBER 4, 2022
In order to ensure uniform administration of employer-sponsored benefit plans and to prevent the patchwork application of various state laws to such plans, Congress included a provision in ERISA that expressly preempts any and all state laws that “relate to” (i.e., Pharmaceutical Care Management Ass’n , 141 S. Pharmaceutical Care Mgmt.
Wavemaker hires first head of people and culture
Employee Benefits
SEPTEMBER 4, 2023
Saadu previously held several director-level people roles in the retail, recruitment, pharmaceuticals and travel sectors. Saadu said: “I was attracted to Wavemaker because of its obvious ambition and commitment to improving the employee experience.
New York Proposes Regulations Expanding State’s Ability to Regulate PBMs
McDermott Will & Emery Employee Benefits
OCTOBER 3, 2023
Comments on the proposed regulations are due October 16, […] The post New York Proposes Regulations Expanding State’s Ability to Regulate PBMs appeared first on EMPLOYEE BENEFITS BLOG.
It's Time To Reconsider Aggregate Stop-loss Insurance
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). By revisiting aggregate stop-loss coverage, employers can help ensure they’re making the best decisions for their organizations.
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10 Companies Offering Work from Home
HR Digest
MARCH 8, 2020
It conducts clinical trials on behalf of its pharmaceutical clients and provides regulatory, consulting, and market access to expedite the drug approval process. The organization has an in-house remote racker management training program. It is a biopharmaceutical services company with a global presence.
VeracityRX – Making Pharmacy Benefits Affordable
HR Professionals Magazine
AUGUST 31, 2022
At VeracityRx, we help employers and employees save money without shifting costs or reducing pharmacy benefits. Our team has over 45 years of experience in the pharmaceutical industry and works exclusively for the employer. These high drug costs are also a leading cause of lasers on self-funded plans. Why Employers Love Us.
Employers seek new health care cost-control strategies
Business Management Daily
NOVEMBER 27, 2019
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. Most employers surveyed are redesigning employee assistance programs to better address emotional and financial well-being.
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6 Reasons to Work in France
Global People Strategist
MAY 25, 2022
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.
Here’s What You Need to Know About Stop-Loss Health Insurance
Griffin Benefits
JULY 5, 2023
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. HUB International’s employee benefits advisors can help you navigate the complexities of self-insurance and stop-loss healthcare insurance.
Specialty Drugs Continue to Bring Hope and Concerns
HR Professionals Magazine
DECEMBER 5, 2021
Pharmaceutical manufacturers continue to investment in development of high investment biologic therapies including orphan drugs for rare diseases. Many noted concerns over new drugs coming to market with limited ability to plan in advance for the financial impact they could bring. billion through second quarter 2020.
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Best Employee Benefits in the Pharmaceutical Industry
Winston Benefits
OCTOBER 23, 2018
In an industry devoted to developing and manufacturing the life-saving medicines of today and tomorrow, offering an array of benefits options is one way to attract the best talent in a competitive market, and to ensure healthy, happy employees. Here are some of the best employee benefits you’ll find in the pharmaceutical industry.
New Insulin Price Cap Could End Up Saving Payers Money in the Long Run
HR Digest
MARCH 24, 2023
By Mark Campbell, Senior Vice President of Clinical Solutions at RxBenefits , the employee benefits industry’s first technology-enabled pharmacy benefits optimizer (PBO) Diabetes has reached epidemic proportions. In the large group market, median savings will be $19, and one-quarter would save at least $42.
What employees expect from benefits packages
Business Management Daily
SEPTEMBER 15, 2021
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.
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