Remove Management Remove Out of Pocket Cost Remove Pharmaceutical
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Tariffs and Health Benefits: The Hidden Cost Employers May Not Be Able To Ignore

CorpStrat

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. When tariffs are imposed on foreign goods (especially from major suppliers like China, India, or the EU), the cost of these essentials increases.

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Pharmacy Benefit Manager Reform: What’s on the Horizon?

McDermott Will & Emery Employee Benefits

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

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The impact of rising health care costs on public sector budgets

Higginbotham

The decisions can have a ripple effect into other areas, such as: Increased Health Insurance Costs: Premium increases directly impact the budget and total health spending that is dedicated to employee benefit programs and services. Evaluate pharmacy benefit management strategies for cost efficiency. Ready to learn more?

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Health Plans Covering Fewer Drugs, Imposing More Restrictions

InterWest Insurance Services

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.

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3 Ways to Strengthen Cost Management for Pharmaceutical Benefits

Griffin Benefits

Here are three ways to manage the cost of pharmaceutical benefits. Focus on fundamentals for Rx cost savings. 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.

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Injured PA Workers’ Comp Attorney Should Have Been Reimbursed for Cost of Cannabinoid (CBD) Oil Prescription

The Workcomp Writer

Claimant’s work injury treatment has been limited to pain management, for which he is prescribed Oxycodone, OxyContin, Soma, Ativan, Zoloft, and CBD oil. Claimant filed the Penalty Petition, alleging therein that the law firm employer violated the Act by failing to reimburse him for out-of-pocket costs for medical treatment.

Medical 52
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New Insulin Price Cap Could End Up Saving Payers Money in the Long Run

HR Digest

The growing rate of individuals diagnosed with Type 1 and Type 2 diabetes is staggering, and so is the cost of treating and managing the disease. Furthermore, the cost of treating and managing the disease has risen to $327 billion. The condition now impacts roughly 1 in 10 individuals.