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October 17, 2023 – Smart Plan Design for Cost Control: Navigating Weight Loss Meds, The Biosimilar Pipeline & Manufacturer Assistance

InterWest Insurance Services

WHEN: October 17, 2023 10:00 am – 11:00 am WHO SHOULD ATTEND: Business Owners, HR Professional, Finance Professionals; Employers with 50+ employees exploring self-funding or captive strategies, including those currently in captive agreements. Discover smart plan design for cost control in evolving markets.

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Employers seek new health care cost-control strategies

Business Management Daily

Curbing the cost of health care and increasing its affordability remain the top priorities for almost all employers over the next three years (93%), according to the 24th annual Best Practices in Health Care Employer Survey by Willis Towers Watson. Employers expect health care cost increases of 4.9% in 2020 compared with 4.0%

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New Insulin Price Cap Could End Up Saving Payers Money in the Long Run

HR Digest

So now, insurers – including Medicare private plans and Part D plans – are required to charge no more than $35 per month for insulin products. Reducing out-of-pocket cost-sharing for insulin does mean payers and insurers may be covering a greater share of the costs.