InterWest Insurance Services

DECEMBER 26, 2024

The percentage of employers who are covering new and trendy weight-loss drugs has risen in 2024, continuing a trend of increasing coverage despite the costs, according to a new survey. And, as costs continue rising on average 5.25% in 2024, employers are taking a number of steps to manage costs. after rising 8.3% the year prior.

Employment 68

Employment Pharmaceutical Medical Health Insurance 68

InterWest Insurance Services

JUNE 29, 2023

A surge in demand for pricey, new and highly effective anti-obesity medications could put a financial strain on employers who sponsor their employees’ health plans. Employers have long offered coverage for certain weight loss tools, such as bariatric surgery if employees qualify for the drastic procedure that requires an operation.

Pharmaceutical 74

Pharmaceutical Employment Medical Banking 74

Griffin Benefits

MARCH 9, 2022

Here are three ways to manage the cost of pharmaceutical benefits. If employers/plan sponsors and their pharmacy benefit managers (PBMs) can’t control the runaway costs for specialty drugs, they can at least slow the cost impact on the pharmacy benefit. Focus on fundamentals for Rx cost savings.

Pharmaceutical 52

Pharmaceutical Out of Pocket Cost Management Manufacturing 52

InterWest Insurance Services

AUGUST 31, 2023

A new report by Aon warns employers to expect average group health insurance costs to increase 8.5% in 2024, as inflation starts hitting the cost of delivering care as well as pharmaceuticals. The report predicts that employers will pay an average of $15,088 in 2024, compared to the average this year of $13,906.

Pharmaceutical 87

Pharmaceutical Hospitality Health Insurance Medical 87

HR Digest

SEPTEMBER 16, 2023

Health benefits for employees are proving to be a huge investment for employers , with total health benefit cost per employee expected to rise 5.4% Pharmaceutical companies and researchers insist that costs have to remain high for the production and further research to be viable. on average in 2024.

Health and Welfare 85

Health and Welfare Employment Healthcare Pharmaceutical 85

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. To be considered for the list, employers must be identified as outstanding in at least in one European country.

Pharmaceutical 105

Pharmaceutical Food Employment Employee Benefits 105

International Foundation of Employee Benefit Plans

SEPTEMBER 19, 2024

Cancer and Specialty Pharmaceuticals Are Top Claimant Concerns High-dollar claimants continue to concern employer-sponsored health plans in the U.S.

Pharmaceutical 80

Pharmaceutical Medical Employment Insurance 80

InterWest Insurance Services

SEPTEMBER 9, 2024

As they wrestle with providing attractive but affordable health care benefits for employees, employers are trying a variety of strategies. There are many cost drivers in health care and insurers and employers are in a fine balancing act of trying to keep a lid on costs and also keeping their employees happy. Eligibility requirements.

Family and Medical Leave Act 71

Family and Medical Leave Act Pharmaceutical Employment Health Savings Account 71

InterWest Insurance Services

JANUARY 9, 2025

Group Health Plan Trends for 2025 As health insurance costs continue to rise at an uncomfortable pace, employers in 2025 plan to shake up the status quo with their health care vendors, particularly those focused on reducing pharmacy spend, a main cost driver, according to a new report. GLP-1s loom large.

Pharmaceutical 91

Pharmaceutical Insurance Medical Health Insurance 91

InterWest Insurance Services

AUGUST 15, 2024

A new study predicts that group health insurance costs will jump 8% in 2025, on par with what American employers have experienced this year and in 2023. And while drug costs are rising, some of the medications may actually reduce future health care costs for those taking them.

Pharmaceutical 86

Pharmaceutical Health Insurance Medical Insurance 86

Business Management Daily

JUNE 7, 2021

Employers cannot deny an eligible worker’s leave without severe legal consequences. Eligibility depends on whether the employer is large enough to be covered by the law — with 50 or more employees. It also depends on whether the employee has worked for the employer long enough — at least one year. Include in the count: Only U.S.

Family and Medical Leave Act 95

Family and Medical Leave Act Pharmaceutical Payroll Employment 95

InterWest Insurance Services

AUGUST 6, 2024

A new study predicts that group health insurance costs will jump 8% in 2025, on par with what American employers have experienced this year and in 2023. And while drug costs are rising, some of the medications may actually reduce future health care costs for those taking them.

Pharmaceutical 83

Pharmaceutical Health Insurance Medical Insurance 83

Talent Culture

OCTOBER 18, 2011

Employers use a similar method to find the applicants that best match their open positions. Here are some tips for increasing your chances of being found by hiring managers by including appropriate keywords to optimize the compatibility of your candidacy to an employer’s needs. The right keywords.

Family and Medical Leave Act 86

Family and Medical Leave Act Pharmaceutical Human Resources Engineering 86

InterWest Insurance Services

FEBRUARY 8, 2024

As health insurance and health care costs continue climbing, some employers are taking new and innovative steps to tamp down costs for themselves and their covered employees while not sacrificing the quality of care they receive. The goal for these employers is to reduce their and their employees’ costs and improve health outcomes.

Pharmaceutical 74

Pharmaceutical Management Insurance Commissions 74

InterWest Insurance Services

MARCH 7, 2024

Under IRS rules, for 2023 employers and employees can contribute a combined $3,850 for single employees and $7,750 for families. Funds in HSAs can be used to pay for a myriad of out-of-pocket medical-related expenses, pharmaceuticals and medical devices. Withdrawals to reimburse for these expenses are also not taxed.

401(k) 88

401(k) Health Savings Account Pharmaceutical Deductible 88

Griffin Benefits

SEPTEMBER 5, 2023

As healthcare costs have risen rapidly in the last decade, employer-sponsored health insurance premiums have followed,1 affecting both organizations and employees. Data analytics is the first step in answering that question, directing employers toward what medical situations can sink a healthcare plan. WANT TO LEARN MORE?

Healthcare 90

Healthcare Insurance Carriers Pharmaceutical Medical 90

InterWest Insurance Services

DECEMBER 7, 2023

Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional). Anything above the limit at the end of the year is forfeited back to the employer. The employer can choose how much the employees can roll over, up to the limit.

Flexible Spending Account 89

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 89

InterWest Insurance Services

MARCH 23, 2023

Employers have often long struggled to boost participation in their wellness programs, but the COVID-19 pandemic changed that as people started looking for ways to better care for themselves both physically and emotionally. Wellness programs can bridge the gap between employees’ overall health and your group health insurance.

Pharmaceutical 96

Pharmaceutical Health Insurance Hospitality Food 96

Workplace Insight

MARCH 25, 2024

In the UK, pharmaceutical firm ICI bought the dilapidated hall and 350 acres of surrounding parkland at Alderley Park in Cheshire in 1950 to create its own bucolic campus, which included farmland and ponds alongside the research buildings. Biophilic design has shown itself to have a number of demonstrably beneficial outcomes in this regard.

Pharmaceutical 122

Pharmaceutical Medical Technology IT 122

Business Management Daily

NOVEMBER 27, 2019

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%

Employment 52

Employment Pharmaceutical Health Insurance Electronics 52

Griffin Benefits

JULY 30, 2021

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.". Pharmaceutical Company & State Drug Assistance Programs. Pill-Splitting.

Medical 52

Medical Pharmaceutical Deductions Deductible 52

HR Professionals Magazine

MAY 2, 2022

with specialty drugs accounting for over 50% of total drug spend for most employers. The reality for most employers is that just 1-2% of their members are driving 45-50%, or more of their plan costs. There continues to be a push to find ways to address the growing impact of specialty medications on employer healthcare costs.

Pharmaceutical 52

Pharmaceutical Employment Healthcare Medical 52

HR Digest

AUGUST 25, 2019

It’s the first contact between you and a potential employer. I have immersed myself in your groundbreaking work in the pharmaceutical industry.”. “I The cover letter is the foundation of the job application. The cover letter decides who gets called in for an interview and who doesn’t.

Pharmaceutical 81

Pharmaceutical Employment Management IT 81

HR Digest

FEBRUARY 24, 2023

Operations Coordinator, Software Development Industry Save Costs Working remotely has the added benefit of saving both the employee and the employer money. For employers, remote work can reduce the need for office space, resulting in lower overhead costs. It’s a win-win for both parties!

Pharmaceutical 100

Pharmaceutical Transportation Technology Retail 100

HR Digest

SEPTEMBER 2, 2021

Some of the nation’s largest employers, after months of skirting around the fraught issue, have in recent days been compelled to make Covid-19 vaccines mandatory for workers. 4, all new employees will need to show proof they are fully vaccinated before their first day of employment. Pfizer: The pharmaceutical giant’s U.S.

Pharmaceutical 98

Pharmaceutical Banking Medical Food 98

Talent Culture

NOVEMBER 20, 2013

Perhaps you are a Marketing Executive specializing in pharmaceuticals, an Operations Professional skilled in business turnarounds, or an IT Executive focusing on cloud computing…whatever your expertise is, be sure to attach it to your professional identity so the right employers can find you and the wrong employers won’t.

Pharmaceutical 80

Pharmaceutical Management Employment IT 80

HR Digest

FEBRUARY 1, 2022

The only caveat is that you must be able to pass pre-employment tests such as the Standardized Test of Adult Basic Education Skills (STABLE), written by the Occupational Information Network. Employer Profiles . As of 2016, the IRS has approved 13 licenses that qualify individuals for employment in human resources. Final Words .

Human Resources 98

Human Resources Pharmaceutical Retail Salary 98

InterWest Insurance Services

JUNE 22, 2022

A new study has found that many people in employer-sponsored health plans are enrolling in plans that are costing them more than they ought to be paying. Berkeley economics professor, found that the majority of employees at one company he studied were in the highest-premium, lowest-deductible plan ($250 a year) their employer offered.

Deductions 86

Deductions Deductible Pharmaceutical Health Savings Account 86

InterWest Insurance Services

SEPTEMBER 16, 2024

However, the proposed rules add a number of new requirements that some safety observers say would be unworkable in many workplaces and may create burdensome new standards for employers to follow. However, the rules have already received plenty of pushback from employers.

Engineering 77

Engineering Pharmaceutical Electronics Medical 77

HR Lineup

JANUARY 24, 2023

Cardinal Health is a healthcare services and products company that provides medical and surgical products, pharmaceuticals, and services to hospitals, health systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices worldwide. The company operates through two segments: Medical and Pharmaceutical.

Pharmaceutical 52

Pharmaceutical Healthcare Medical Hospitality 52

Achievers

OCTOBER 28, 2013

Industries that have been represented include financial services, insurance, healthcare, retail, hospitality, technology, engineering, government, not-for-profit, pharmaceutical, telecommunications, sales and marketing and entertainment. He co-authored “ The HR Trailblazer—Unlock the Potential of Your Employer Brand in a Digital Age.

Telecommunication 94

Telecommunication Media Pharmaceutical Human Resources 94

InterWest Insurance Services

JUNE 22, 2023

That includes those on employer-sponsored group health plans and plans purchased on a government-run exchange. 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. million people — or 28.5% Out of that population, 8.4

Insurance 75

Insurance Out of Pocket Cost Pharmaceutical Deductions 75

The Workcomp Writer

FEBRUARY 2, 2022

In 2011, plaintiff was allegedly injured while working at a pharmaceutical plant owned and operated by defendants GlaxoSmithKline, LLC and Stiefel Laboratories, Inc. as his employer. As such, stressed the majority, the defendants achieved the desired result after asserting the lack of an employer-employee relationship.

Pharmaceutical 56

Pharmaceutical Workers’ Compensation Insurance Utilities 56

Employee Benefits

FEBRUARY 5, 2024

An employment tribunal has found that a former AstraZeneca scientist with a mental health disability was wrongfully dismissed. James Muir, a senior scientist who had been developing the pharmaceutical firm’s recently approved cancer drug Truqap, had worked there since 1998.

Pharmaceutical 59

Pharmaceutical Employee Benefits Employment Management 59

3Sixty Insights

AUGUST 2, 2023

In business for 11 years at the time, CoreRx, which now employs approximately 200 people (with some seasonal ebb and flow), is what’s known in the pharmaceutical industry as a contract manufacturing organization (CMO). Six years ago, Kevin Rierson became the very first HR person at CoreRx.

Pharmaceutical 52

Pharmaceutical Manufacturing Management Employment 52

Employee Benefits

MAY 2, 2024

All rights reserved Pharmaceutical organisation Viatris has launched a mental wellbeing platform for its 300 employees globally. The employer will integrate the platform into its global wellbeing programme Elevate, which launched in 2023 and is based around three core principles: Health, purpose and growth.

Pharmaceutical 59

Pharmaceutical Employee Benefits Management Employment 59

InterWest Insurance Services

NOVEMBER 11, 2024

Provide employees with a breakdown of medical and pharmaceutical cost increases to avoid sticker shock. Let them know that employees who refuse affordable coverage from their employer and opt to purchase it on a public exchange will usually not be eligible for government premium subsidies.

Flexible Spending Account 79

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 79