Author: Scott Welch
The pandemic has forever changed the relationship between employees and employers. As we enter our new normal, people are expecting their place of work to be there for them and their family during difficult times and to support their health needs. And as companies look to lure back workers, a system of benefits that treats them with respect will be more important than ever.
The U.S. Justice Department sued to block Aon PLC’s proposed $30 billion acquisition of Willis Towers Watson, saying the deal to create the world’s largest insurance brokerage is anticompetitive.
Nevada on Friday reported 385 new coronavirus cases and seven additional deaths over the preceding day as the state test positivity rate registered its second increase this week. An update posted by the Department of Health and Human Services on the state coronavirus website brought totals in the state to 328,875 COVID-19 cases and 5,649 ...
Drug rebates for insurers often are associated with increases in out-of-pocket costs for patients, according to a new University of Washington study that examined cost and price data on more than 400 branded drugs. “We know that list prices have been increasing quite dramatically as have rebates, but no one has looked into the association between rebates ...
It took several weeks for Scripps Health to get its computer network and medical records system back online after it was hit with a ransomware attack May 1. Now, the five-hospital health system is facing several class-action lawsuits from patients who charge that system leaders failed to keep their medical data safe from hackers. San ...
Employers are urging Congress to take action on drug prices following the FDA’s recent approval of controversial Alzheimer’s disease drug Aduhelm. Aduhelm, or aducanumab, was developed by Biogen and Eisai and was approved by the Food and Drug Administration earlier this month despite pushback from the scientific community about the drug’s efficacy. Following its approval, Biogen said ...
Senate Majority Leader Charles Schumer (D-N.Y.) on Sunday threw his support behind a push, led by Sen. Bernie Sanders (I-Vt.), to add dental, vision and hearing coverage to Medicare. “There is a gaping hole in Medicare that leaves out dental, vision, and hearing coverage. This is a serious problem,” Schumer wrote on Twitter.
Over the next month, California Insurance Commissioner Ricardo Lara will review rates recommended by the Workers Compensation Insurance Rating Bureau, a nonprofit which evaluates trends, including the costs of potential claims.
In any other year, an employee would likely automatically renew benefits during their open enrollment period without a second thought. But the pandemic exposed flaws in open enrollment platforms and procedures throughout the country, and experts say long term changes are in the works for 2021 and beyond.
A new initiative aiming to create cheaper generic drugs for retail pharmacies signed on Anthem Blue Cross Blue Shield — one the largest insurers in the U.S. — as well as drug manufacturer Catalent as partners, officials announced this morning.