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. However, some pharmaceuticals cost much more. The cost hike is almost double the 4.5% increases employers saw in 2022 and 2023.

Pharmaceutical 98

Pharmaceutical Hospitality Health Insurance Medical 98

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 130

Pharmaceutical Healthcare Hospitality Medical 130

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. Two classes of drugs that are on health insurers’ radar in 2024 and 2025 are: GLP-1 agonists (annual cost: about $11,000).

Pharmaceutical 98

Pharmaceutical Health Insurance Medical Insurance 98

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. Two classes of drugs that are on health insurers’ radar in 2024 and 2025 are: GLP-1 agonists (annual cost: about $11,000).

Pharmaceutical 97

Pharmaceutical Health Insurance Medical Insurance 97

InterWest Insurance Services

AUGUST 15, 2024

As prescription drug costs continue growing and pricey new pharmaceuticals add to health plans’ cost burdens, some carriers are starting to reduce the number of medications they’ll cover and are imposing new barriers to accessing the most expensive ones. On top of it all, pharmaceuticals are getting more expensive.

Out of Pocket Cost 98

Out of Pocket Cost Pharmaceutical Deductions Deductible 98

McDermott Will & Emery Employee Benefits

OCTOBER 17, 2023

Pharmacy benefit managers (PBMs) are a key stakeholder in the drug supply chain, functioning as intermediaries between insurance providers and pharmaceutical manufacturers. Congress and other policymakers continue to seek opportunities to lower costs for patients and the federal government. appeared first on EMPLOYEE BENEFITS BLOG.

Pharmaceutical 105

Pharmaceutical Management Manufacturing Government 105

Griffin Benefits

MARCH 1, 2023

A growing number of employers are currently experiencing a rise in catastrophic health claims, largely due to medical and pharmaceutical advances (e.g., One of the most common strategies is purchasing aggregate stop-loss insurance to help cover catastrophic health claims. WHAT IS AGGREGATE STOP-LOSS INSURANCE?

Insurance 84

Insurance IT Pharmaceutical Medical 84

HR Lineup

JUNE 22, 2021

These services work towards enhancing organizational performance, Clients of RealSoft Technologies include Fortune 500 clients that cut across a range of industries including banking, insurance, financial institutions, telecommunications, and pharmaceuticals.

Technology 130

Technology Telecommunication Pharmaceutical Consulting 130

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. There is a way to cut through this mess, but it requires asking tough questions of your insurer and/or the PBM.

Pharmaceutical 95

Pharmaceutical Management Insurance Commissions 95

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. in 2023, compared to an increase of 6.4% in 2022, according to a report by Mercer.

Pharmaceutical 98

Pharmaceutical Employment Medical Food 98

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 106

Pharmaceutical Medical Employment Insurance 106

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. That requires clinical coordination between clinicians, pharmacy benefit managers and insurers. increase in health insurance costs, even after implementing cost-reduction measures.

Employment 98

Employment Pharmaceutical Medical Health Insurance 98

InterWest Insurance Services

JUNE 29, 2023

As a result, pharmaceuticals like Novo Nordisk’s weight-loss-specific Wegovy and Saxenda, and Ozempic — a diabetes medication from the same company — are now in high demand. This class of pharmaceuticals, known as glucagon-like peptide agonists (GLP-1s), have shown to be highly effective in helping people lose excess weight.

Pharmaceutical 95

Pharmaceutical Employment Medical Banking 95

Griffin Benefits

JANUARY 25, 2023

Captive insurance can be an ideal solution for medical benefits, offering mid-sized companies across most industries the opportunity to control medical and pharmaceutical costs and design a more customized health plan. Contact HUB International’s insurance experts to learn more about benefits captives.

Employee Benefits 86

Employee Benefits Pharmaceutical Employment Healthcare 86

Workplace Insight

NOVEMBER 26, 2023

The report, “ Global Hiring Activity Trends & Signals – Q3 2023 ,” claims that sectors such as construction, insurance, banking & payments, technology and communications, and pharmaceuticals posted significant hybrid job roles during the third quarter (Q3) of 2023.

Architecture 116

Architecture Pharmaceutical Utilities Engineering 116

Higginbotham

JULY 9, 2024

This is when clinical trial insurance can supply a safety net for trial sponsors, investigators and participants. Who needs clinical trial insurance? These stakeholders may be exposed to various risks during the trial phases, making insurance coverage crucial for their protection. What does clinical trial insurance cover?

Insurance 52

Insurance Insurance Carriers Pharmaceutical Medical 52

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.

Flexible Spending Account 96

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 96

InterWest Insurance Services

SEPTEMBER 9, 2024

A recent report from insurance brokerage Gallagher shows businesses are balancing workers’ physical and emotional health against ever-rising costs. 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.

Family and Medical Leave Act 93

Family and Medical Leave Act Employment Pharmaceutical Health Savings Account 93

InterWest Insurance Services

MARCH 28, 2024

Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and health insurance for employers, according to a new report. As a result, demand for these pharmaceuticals has boomed, but not all health plans cover them.

Employment 98

Employment Pharmaceutical Health Insurance Medical 98

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.

Healthcare 90

Healthcare Insurance Carriers Pharmaceutical Medical 90

InterWest Insurance Services

MARCH 23, 2023

Wellness programs can bridge the gap between employees’ overall health and your group health insurance. While the latter covers their medical and pharmaceutical needs, these programs can help them maintain healthy lifestyles, and can also help them better deal with stressors in their lives.

Pharmaceutical 98

Pharmaceutical Health Insurance Hospitality Food 98

Employee Benefits

JANUARY 22, 2024

Facilities management employer Mitie, The Perfume Shop, pharmaceutical firm Thornton and Ross, and insurer NFU Mutual UK have been certified as UK top employers. Created by the Top Employers Institute, the UK top employer accreditation recognises employers’ commitment to HR initiatives and practices.

Pharmaceutical 108

Pharmaceutical Employment Commissions Finance 108

Ahmed's Universe

NOVEMBER 28, 2014

In the late 1990s I was a frequent rider on the Paris-Lausanne train visiting a client, La Suisse Assurances, to help them move to a package HR system (that ancient insurance company is no longer, its parent company, Swiss Life, having decided to fold it several years ago.)

Technology 199

Technology IT Banking Transportation 199

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. Call to Action.

Telecommunication 128

Telecommunication Media Pharmaceutical Human Resources 128

InterWest Insurance Services

JUNE 22, 2022

They were able to choose from 48 different combinations of deductibles, pharmaceutical copayments, co-insurance and maximum out-of-pocket expenses. The study examined the health plan choices that 23,894 employees at one large U.S. employer made. All of the plans offered the same network of doctors and hospitals.

Deductions 98

Deductions Deductible Pharmaceutical Health Savings Account 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.

Health Insurance 52

Health Insurance Insurance Pharmaceutical Healthcare 52

InterWest Insurance Services

MARCH 7, 2024

Funds in HSAs can be used to pay for a myriad of out-of-pocket medical-related expenses, pharmaceuticals and medical devices. One of the key features of these plans is that the funds in them can be carried over from year to year and can be invested like a 401(k) plan. Withdrawals to reimburse for these expenses are also not taxed.

401(k) 98

401(k) Health Savings Account Pharmaceutical Deductions 98

HR Digest

SEPTEMBER 2, 2021

Anthem: The healthcare insurance company is requiring employees to get vaccinated to enter its headquarters or other open offices. It is also the first health insurer to offer financial incentives to employees for getting inoculated. Pfizer: The pharmaceutical giant’s U.S. Starting Oct.

Banking 98

Banking Pharmaceutical Medical Food 98

InterWest Insurance Services

DECEMBER 7, 2023

FSA fast facts Funds in an FSA can be used for a myriad of health care expenses, from dental and vision (including eyeglasses) to medical care costs and prescription and over-the-counter pharmaceuticals. An FSA must be funded exclusively through employer contributions or employee pre-tax contributions, or a combination of the two.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 98

HR Digest

FEBRUARY 1, 2022

Other common employers include healthcare facilities, insurance providers, financial institutions, and pharmaceutical companies. Most companies will deduct taxes and insurance premiums for workers covered by the employer’s plan. Top Companies . Hourly workers typically pay between 15% and 20% of their wages toward payroll.

Human Resources 98

Human Resources Pharmaceutical Retail Salary 98

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 Deductions Deductible Insurance 52

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. It offers health care products and insurance services. Anthem is a healthcare service provider and provides health insurance across the United States. Anthem Inc.

Work From Home 85

Work From Home Pharmaceutical Health Insurance Engineering 85

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. GlaxoSmithKline subsequently filed a C-2 form reporting plaintiff’s injury and naming Old Republic Insurance Company as its carrier. as his employer.

Pharmaceutical 56

Pharmaceutical Workers’ Compensation Insurance Utilities 56

InterWest Insurance Services

AUGUST 27, 2023

PRESENTER: Adam Aguilar, Pharmacy Benefit Consultant, Action Pharmaceutical Consulting Action Pharmaceutical Consulting (APC) specializes in self-funded insurance with a focus on PBM management.

Manufacturing 52

Manufacturing Pharmaceutical Healthcare Consulting 52

HR Digest

SEPTEMBER 16, 2023

Pharmaceutical companies and researchers insist that costs have to remain high for the production and further research to be viable. The prices of new treatments and medications are also cited as major contributors to the rising cost projections. Latest new-generation gene therapy treatments have been reported as priced upwards of $2.1

Health and Welfare 85

Health and Welfare Employment Healthcare Pharmaceutical 85

InterWest Insurance Services

SEPTEMBER 16, 2024

The draft language would bar employers from requiring or encouraging employees to confront individuals suspected of theft or of engaging in violence in the workplace, except for dedicated security staff.

Engineering 96

Engineering Pharmaceutical Electronics Medical 96

HR Professionals Magazine

OCTOBER 4, 2022

The laws also vary in which part of the drug-distribution process they target: drug manufacturers, pharmacies, insurance providers, or PBMs. However, ERISA also carves out from this general preemption any state laws regulating insurance. Pharmaceutical Care Management Ass’n , 141 S. Pharmaceutical Care Mgmt. Tufte, 968 F.3d

Pharmaceutical 52

Pharmaceutical Insurance Manufacturing Benefit Providers 52