Vantage Circle

MAY 10, 2021

All of which will imply how the pharmaceutical industry is likely to conduct its business in the near future. With the constant layoffs, corporate mergers and acquisitions in the pharmaceutical market, and rise in the compensation standards, many businesses have also adopted an outsourcing business model. Development in Technology.

Pharmaceutical 52

Pharmaceutical Human Resources Healthcare Technology 52

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

InterWest Insurance Services

AUGUST 15, 2024

The higher rates reflect the costs borne by health insurers, which are seeing more claims for care that was postponed during the COVID-19 pandemic and a steady rise in the cost of pharmaceuticals as more innovative and effective drugs come to market, according to the study by PricewaterhouseCoopers.

Pharmaceutical 98

Pharmaceutical Health Insurance Medical Insurance 98

InterWest Insurance Services

AUGUST 6, 2024

The higher rates reflect the costs borne by health insurers, which are seeing more claims for care that was postponed during the COVID-19 pandemic and a steady rise in the cost of pharmaceuticals as more innovative and effective drugs come to market, according to the study by PricewaterhouseCoopers.

Pharmaceutical 97

Pharmaceutical Health Insurance Medical Insurance 97

Higginbotham

APRIL 8, 2025

The increased costs may cause employees to delay or even forgo necessary medical care, which further affects health, well-being and job performance. Higher premiums, deductibles and copays place a greater financial strain on public sector employees and can negatively impact their morale and productivity.

Health Insurance 52

Health Insurance Out of Pocket Cost Deductions Deductible 52

InterWest Insurance Services

DECEMBER 21, 2023

These groundbreaking drugs — the most popular sold under the brand names Mounjaro, Ozempic and Wegovy — are partly to blame for overall pharmaceutical benefit costs jumping 8.3% People who take these medications can see dramatic weight loss, which has spurred a surge in prescriptions. in 2023, compared to an increase of 6.4%

Pharmaceutical 98

Pharmaceutical Employment Medical Food 98

BerniePortal

JANUARY 26, 2022

Cuban’s new pharmacy is intended to cut out unnecessary costs and create an affordable way for Americans to access medication. Read on to learn more about this new pharmacy and how it might impact the pharmaceuticals market moving forward.

Pharmaceutical 98

Pharmaceutical Healthcare Medical IT 98

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. Other medications that have been on the market for some time have limited effect, don’t work for everyone and can have serious complications.

Pharmaceutical 95

Pharmaceutical Employment Medical Banking 95

Griffin Benefits

MARCH 9, 2022

Here are three ways to manage the cost of pharmaceutical benefits. 3) Alternate funding strategies : For certain specialty medications, manufacturers may offer patient assistance programs. Some PBMs won’t support this type of strategy, as they don’t want to lose the revenue associated with dispensing medication.

Pharmaceutical 52

Pharmaceutical Out of Pocket Cost Management Manufacturing 52

InterWest Insurance Services

MARCH 7, 2024

HSAs allow your employees to put away funds to pay for future medical expenses. 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. Not everyone is eligible to participate in an HSA.

401(k) 98

401(k) Health Savings Account Pharmaceutical Deductions 98

InterWest Insurance Services

DECEMBER 26, 2024

But, while health plans will generally cover these medications for diabetes, not as many do for weight loss. The survey found that 44% of employers with 500 or more workers cover weight-loss drugs like Wegovy and Zepbound, as well as older medications in the same class like Saxenda (made by Novo Nordisk).

Employment 98

Employment Pharmaceutical Medical Benefits Package 98

Griffin Benefits

JANUARY 25, 2023

Evaluating funding strategies for medical benefits programs may be a good place to start. 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.

Employee Benefits 86

Employee Benefits Pharmaceutical Employment Healthcare 86

InterWest Insurance Services

FEBRUARY 8, 2024

” And as new and more expensive pharmaceuticals hit the market, the portion of overall health care costs that goes towards medications will continue to rise. One contributor to the increasing prices that your staff pay for their medication may be the pharmacy benefit manager that your insurer uses.

Pharmaceutical 95

Pharmaceutical Management Insurance Commissions 95

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.". In a future post, we'll offer tips on how to save money on common medical procedures.

Medical 52

Medical Pharmaceutical Employment Deductions 52

Workplace Insight

MARCH 23, 2023

The project will leverage Kadans’ experience of curating multi-let lab projects with vibrant health and life science ecosystems housing SMEs and academics as well as global healthcare and pharmaceutical companies. The post Canary Wharf Group shifts its focus to life sciences sector appeared first on Workplace Insight.

Pharmaceutical 97

Pharmaceutical IT Healthcare Medical 97

Griffin Benefits

SEPTEMBER 5, 2023

Data analytics is the first step in answering that question, directing employers toward what medical situations can sink a healthcare plan. But to fully understand any healthcare plan issue — and know how to fix it — requires clinical informatics, where experts examine data from a medical perspective.

Healthcare 90

Healthcare Insurance Carriers Pharmaceutical Medical 90

InterWest Insurance Services

MARCH 28, 2024

The “ 2024 Employee Health Trends” report by Springbuk, an online health intelligence platform, reflects concerns among employers and insurers about runaway drug costs due to increasingly expensive medications and new diabetes and anti-obesity drugs. Consider partnering with a clinical program that addresses obesity.

Employment 98

Employment Pharmaceutical Health Insurance Medical 98

InterWest Insurance Services

NOVEMBER 11, 2024

Employees have a right to understand the costs, so let them know how to access the free transparency tools provided online by most medical carriers. Provide employees with a breakdown of medical and pharmaceutical cost increases to avoid sticker shock. Get an early start If your plan year starts Jan.

Flexible Spending Account 96

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 96

HR Digest

SEPTEMBER 2, 2021

Individuals can request exemptions based on medical conditions or religious beliefs. AT&T: The telecom company is requiring its managerial staff to be vaccinated before they can enter company offices, though it may make exceptions for employees who cannot receive it for medical or other reasons.

Pharmaceutical 98

Pharmaceutical Banking Medical Food 98

Talent Culture

OCTOBER 18, 2011

A candidate in the pharmaceuticals industry should use both pharmaceuticals and pharma to describe their industry. So, a CFO should include both CFO and Chief Financial Officer in the body of the document.

Family and Medical Leave Act 86

Family and Medical Leave Act Pharmaceutical Human Resources Engineering 86

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. “The We may be hearing a lot more about salutogenic design in the near future.

Pharmaceutical 122

Pharmaceutical Medical Technology IT 122

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

InterWest Insurance Services

MARCH 23, 2023

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. Wellness programs can bridge the gap between employees’ overall health and your group health insurance.

Pharmaceutical 98

Pharmaceutical Health Insurance Hospitality Food 98

InterWest Insurance Services

SEPTEMBER 9, 2024

Slightly more than half of employers surveyed include weight management in their benefits programs, but they attach strings to the use of weight-loss medications. This may include: Step therapy, which entails trying other, less expensive yet proven pharmaceuticals and health and fitness regimens first. Eligibility requirements.

Family and Medical Leave Act 93

Family and Medical Leave Act Employment Pharmaceutical Health Savings Account 93

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

Business Management Daily

JUNE 7, 2021

The Family and Medical Leave Act ( FMLA ) provides job-protected unpaid leave for employees who meet eligibility requirements. In that case, Brian worked as an IT manager for Inovio Pharmaceuticals. Inovio Pharmaceuticals, No. If they do, the law is an entitlement. Infohealth Management Company, No. 08-C-5068, ND IL 2009).

Family and Medical Leave Act 95

Family and Medical Leave Act Pharmaceutical Payroll Employment 95

HR Digest

SEPTEMBER 16, 2023

The prices of new treatments and medications are also cited as major contributors to the rising cost projections. Pharmaceutical companies and researchers insist that costs have to remain high for the production and further research to be viable. 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

CorpStrat

AUGUST 15, 2024

As a consumer or employer navigating the complex world of prescription medications, one of the most frustrating questions we hear is, “How much is my drug copay?” Now, It’s like a guessing game every time you need to refill a medication. 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. From project leaders to software engineer to medical writers; the employment opportunities are diverse. million medical members nationwide. Intuit Inc.

Work From Home 85

Work From Home Pharmaceutical Health Insurance Engineering 85

HR Digest

FEBRUARY 1, 2022

Other common employers include healthcare facilities, insurance providers, financial institutions, and pharmaceutical companies. For example, medical recruitment firms focus solely on healthcare industry employees. Top Companies . As of 2015, Fortune 500 companies are hiring more HR professionals than ever before.

Human Resources 98

Human Resources Pharmaceutical Retail Salary 98

Workers' Compensation

JULY 11, 2024

The US Federal Trade Commission [FTC] report "Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies" examines the influence of Pharmacy Benefit Managers (PBMs) in the pharmaceutical industry. PBMs act as middlemen managing prescription drug coverage for millions of Americans.

Pharmaceutical 52

Pharmaceutical Workers’ Compensation Manufacturing Commissions 52

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., specialty drugs and cell and gene therapies). Employers can add aggregate stop-loss insurance to an existing plan or purchase it independently.

Insurance 84

Insurance IT Pharmaceutical Medical 84

HR Professionals Magazine

AUGUST 31, 2022

On average, nearly 3% of a member population will require a specialty medication. Even this small number can increase total pharmacy costs by 50% and create challenges for employers who want to ensure employees have access to medications. Did you know? These high drug costs are also a leading cause of lasers on self-funded plans.

Pharmaceutical 59

Pharmaceutical Manufacturing Medical Utilities 59

InterWest Insurance Services

AUGUST 27, 2023

Weight Loss Medications: Learn how strategic plan design can help you avoid off-label utilization and manage the costs of these high-priced drugs, ensuring employee well-being without compromising your financial bottom line. Discover smart plan design for cost control in evolving markets.

Manufacturing 52

Manufacturing Pharmaceutical Healthcare Consulting 52

Florida Workers' Comp

JULY 18, 2024

The article mentions other common medications are being tested "for their anti-aging qualities." Time will tell if they can pharmaceutically stretch life. So, we do not want to eradicate the chemical until an opportune moment. Thus, it turns out generations have all been engrossed with the fountain of youth for many years.

Pharmaceutical 80

Pharmaceutical Medical IT 80

Florida Workers' Comp

DECEMBER 21, 2021

The anecdotal stories of patients receiving many opioid doses following routine medical procedures are repeated often at conferences. Notable among those is the divorce of the Sackler family from the company; they would "sell their pharmaceutical holdings and forfeit their equity in Purdue." agreed to contribute about $4.5

Pharmaceutical 80

Pharmaceutical Government Manufacturing Workers’ Compensation 80

Higginbotham

JULY 9, 2024

Clinical trials have been fundamental in the advancement of medical science, involving the rigorous testing of new drugs, medical devices and treatments before they are approved for widespread use. Higginbotham is here to help you stay informed and adequately covered in the critical field of medical science.

Insurance 52

Insurance Insurance Carriers Pharmaceutical Medical 52