InterWest Insurance Services

DECEMBER 21, 2023

The explosion in demand for new, costly and highly effective weight-loss and diabetes drugs is poised to play an outsized role in increasing the cost of health care, and in turn, health insurance in America. Step two — Focuses on education and ancillary services, such as food delivery or mental health support.

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Pharmaceutical Employment Medical Food 98

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. One solution means looking inward: transitioning from the fully funded model of healthcare benefits to self-funded health plans featuring stop-loss insurance.

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Health Insurance Insurance Pharmaceutical Healthcare 52

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. in 2023, according to the Mercer “National Survey of Employer-Sponsored Health Plans.”

Pharmaceutical 95

Pharmaceutical Management Insurance Commissions 95

InterWest Insurance Services

DECEMBER 26, 2024

These drugs, known as GLP-1s, are contributing to a significant spike in pharmaceutical costs and adding to overall health care outlays. Most commercial health plans and Medicare pay about $290 for Ozempic and $649 for Wegovy, according to an anti-obesity medication cost report prepared by the Department of Health and Human Services.

Employment 98

Employment Pharmaceutical Medical Health Insurance 98

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. Out of that population, 8.4 for a single vial and $139.71

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Insurance Out of Pocket Cost Pharmaceutical Deductible 95

InterWest Insurance Services

MARCH 23, 2023

Others stopped taking care of their overall health, by exercising less and drinking too much and putting off regular checkups, leaving them worse off health-wise than they were before the pandemic. Wellness programs can bridge the gap between employees’ overall health and your group health insurance.

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Pharmaceutical Health Insurance Hospitality Food 98

InterWest Insurance Services

NOVEMBER 11, 2024

It’s almost time for year-end small group open enrollment and you need to drive engagement so that your employees can make informed decisions about their health insurance options. Provide employees with a breakdown of medical and pharmaceutical cost increases to avoid sticker shock. Avoid holding meetings in December.

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Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 96

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. CLINICAL INFORMATICS FOR ALL Clinical informatics was once limited to large healthcare plans, which could access analytics and informatics through their insurance brokers.

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Healthcare Insurance Carriers Pharmaceutical Medical 90

HR Digest

SEPTEMBER 2, 2021

Anthem: The healthcare insurance company is requiring employees to get vaccinated to enter its headquarters or other open offices. Anthem: The healthcare insurance company is requiring employees to get vaccinated to enter its headquarters or other open offices. 1 or submit to weekly testing. Starting Oct. Chevron: The U.S.

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Banking Pharmaceutical Medical Food 98

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. United Health Group. UnitedHealth Group Incorporated is a health care company based in Minnesota. It offers health care products and insurance services.

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Work From Home Pharmaceutical Health Insurance Engineering 85

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. Reducing specialty pharmaceutical spending.

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Employment Pharmaceutical Health Insurance Electronics 52

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. Health Insurance. There are many other industries that contribute to France’s GDP and the overall economic growth. Job Security.

Pharmaceutical 52

Pharmaceutical Entertainment Paid Leave Health Insurance 52

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. For some of my prescriptions, it’s actually cheaper than my insurance copay! Let us share our experience and what our clients can learn.

Pharmaceutical 52

Pharmaceutical Deductible Deductions Insurance 52

InterWest Insurance Services

MARCH 21, 2024

A new area of potential liability for employers was recently opened when a class-action suit was filed against Johnson & Johnson, accusing it of mismanaging its pharmacy benefit manager plan, resulting in the health plan and its enrollees overspending millions of dollars on medications. The case The class action , filed Feb.

Pharmaceutical 52

Pharmaceutical Retail Insurance Medical 52

InterWest Insurance Services

APRIL 13, 2023

After the Centers for Medicare and Medicaid Services proposed new rules aimed at streamlining the prior approval process for most health plans in the U.S., a number of the country’s largest insurers announced their own steps to improve the process. If the insurer denies the request, it must include a specific reason for doing so.

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Insurance Pharmaceutical Electronics Health Insurance 97

Business Management Daily

SEPTEMBER 15, 2021

Someone definitely could view an employee benefits package that lacks health insurance or paid sick days as a reason to not accept an offer of employment. To aid in the decision-making process, though, here’s a closer look at various types of employee benefits : Health insurance. There’s no one-size-fits-all answer.

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Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Insperity

JANUARY 13, 2014

This ratio compression is expected to result in higher premiums for younger individuals, as insurers account for the drop in premiums for older individuals. Most small businesses should expect to see an increase in their health insurance premiums due to this age ratio compression. Early bird special? When it rains ….

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Health Insurance Insurance Carriers Manufacturing IT 40

Business Management Daily

APRIL 24, 2020

Employees holding high-risk positions in the warehousing, delivery, grocery and health care fields are seeing their wages increase as colleagues get sick and demand for labor increases. Forty-six percent of retail workers and 29% of health care and pharmaceutical workers are receiving some form of hazardous-duty pay, according to WorldatWork.

warehousing 72

warehousing Health Insurance Pharmaceutical Insurance 72

Best Money Moves

MARCH 19, 2020

How much are your basic monthly living expenses, including food, shelter, health insurance, transportation, childcare? While your medical debts are important, your health insurance will continue even if your medical bills grow. That’s why it’s so important to be really clear about where you stand financially.

Health Insurance 85

Health Insurance Pharmaceutical Government Utilities 85

InterWest Insurance Services

MARCH 6, 2025

There is a general truth in the health insurance sector: If Medicare and Medicaid are given the green light to cover a certain drug, insurers in the group health and individual health insurance market usually follow suit. However, this does not mean they would cover them outright.

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