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The impact of rising health care costs on public sector budgets

Higginbotham

Addressing the Challenges Despite these challenges, public sector entities have several ways to address their unique issues and needs, some of which include: Optimizing Resource Allocation Leverage collective purchasing power for pharmaceuticals and medical supplies. Evaluate pharmacy benefit management strategies for cost efficiency.

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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

Weight Loss Medications: Learn how strategic plan design can help you avoid off-label utilization and manage the costs of these high-priced drugs, ensuring employee well-being without compromising your financial bottom line. 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

Reducing specialty pharmaceutical spending. Steering employees toward proven services that produce positive health outcomes at a lower price, such as high-performance networks and centers of excellence. Enhancing employee well-being. The survey found employers focusing on three cost-cutting measures.

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Diversity and Inclusion in the Workplace: The Benefits & Why it Matters

Empuls

Enhanced employee satisfaction For wholesome working experience in an organization, interventions are required at all stages of an employee’s life cycle, along with pre-hiring and post-exit stages.

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Employee Survey: The Do’s, Don'ts, & Best Practices

Empuls

SAP is a major software company that prioritizes the health and well-being of its employees as a key part of its overall business strategy. So, it included a yearly employee survey and rehashed it as the Business Health Culture Index to measure the success of their employee well-being programs.  

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

HR Digest

At least one pharmaceutical company, Eli Lilly, has already come to that conclusion and took it upon themselves to cut insulin prices by 70%, capping out-of-pocket costs to $35 per month for everyone – including those who are not seniors covered by the Medicare cap.

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The Evolution of HR in Pharmaceutical and Biotech Sectors for 2025

Hppy

As pharmaceutical and biotech companies adapt and conform to evolving regulations and workforce expectations, it’s essential that human resources strategies adapt to meet the new challenges and opportunities presented. This shows how investing in DEI can be socially and economically beneficial.