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Tariffs and Health Benefits: The Hidden Cost Employers May Not Be Able To Ignore

CorpStrat

Most business owners think of tariffs as a global trade issue something that affects importers, exporters, or the cost of raw materials. 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.

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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

Large employers are unwavering in their plans to continue offering group health plans to their workers instead of funding individual reimbursement accounts that would allow them to shop for plans on government-run exchanges, according to new research. “It would make workers feel like you were cutting and running.”

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PBMs Feeling the Heat on All Fronts

InterWest Insurance Services

While drugmakers have been assailed for years for increasing their prices and driving the cost of medications higher and higher, there is another player in the health care space that is receiving increased scrutiny: pharmacy benefit managers. PBMs typically contract with both insurers (or self-insured employers) and pharmacies.

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PBMs Feeling the Heat on All Fronts

InterWest Insurance Services

While drugmakers have been assailed for years for increasing their prices and driving the cost of medications higher and higher, there is another player in the health care space that is receiving increased scrutiny: pharmacy benefit managers. PBMs typically contract with both insurers (or self-insured employers) and pharmacies.

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8 Ways Employers and Employees Can Save On Prescription Medications

Griffin Benefits

While these higher deductibles are offset by cheaper monthly medical premiums and often by employer contributions to Health Savings Accounts (HSA), HDHP plans are nevertheless structured in such a way as to promote heightened "healthcare consumerism.". Manufacturer coupons and rebates. Product substitutions. Bulk buying.

Medical 52
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3 Ways to Strengthen Cost Management for Pharmaceutical Benefits

Griffin Benefits

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. Focus on fundamentals for Rx cost savings. However, patient eligibility for these programs are not a given.

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Issue Commentary: PA’s Commonwealth Court Parses Words to Require Employer/Carrier to Pay for Medical Marijuana

The Workcomp Writer

The Fegley Case In September 1977, Sheets sustained an injury during the course and scope of his employment with the employer [Sheets died after he had filed a petition for review with the Commonwealth Court. The employer noted that the WC Act defined a WC carrier as an insurer. Work.Comp.App.Bd. A19-0491 (filed Mar.

Medical 52