Author: Scott Welch
Summer is here, and for many of us in the Northern Nevada area, it means participating in a variety of great outdoor activities. Whether you will be hiking, biking, or headed to the beach, you will be enjoying the fun in the sun after our long winter. June is Men’s Health Month and considering skin ...
Experts predict that health spending growth will outstrip growth in the economy over the next decade, according to a study published in Health Affairs. Between 2022 and 2031, the actuaries predict spending will increase by 5.4% on average each year, faster than the estimated annual gross domestic product growth of 4.6%.
Most people with either public or private healthcare insurance like their coverage—but they like it a lot less when they’re sick, according to a new KFF survey.
The National Labor Relations Board (NLRB) returned Tuesday to an Obama-era standard for determining independent-contractor status — effectively broadening the number of people who have a protected right to unionize under the National Labor Relations Act.
The House Energy & Commerce subcommittee on health held a hearing last week to examine avenues for improving preparedness against public health security risks. The hearing occurred amid an ongoing shortage of chemotherapy drugs in the U.S.
We have advocated for years that offering the right employee benefits can help your clients attract and retain their most-valued employees. It demonstrates how much they care about the health of their workers (and their dependents). An added incentive for most employers to offer benefits is that the associated costs are usually tax deductible. According to ...
Yet another bill that aims to reform the pharmacy benefit management industry has been introduced in Congress, this time by the Senate Finance Committee. The Patients Before Middlemen Act would prevent PBMs that contract with Medicare Part D plans from tying service fees to the price of a drug, rebates, discounts or other fees. PBMs would also ...
Many small business owners are struggling to provide retirement savings benefits, a new study from Fidelity has found. The firm’s 2023 Small Business Retirement Index found that almost half (48%) of small business owners say they cannot afford to offer a retirement plan. Only one-third (34%) offer some form of retirement benefits to employees. The report comes ...
The Biden Administration announced Thursday that the Inflation Reduction Act is continuing to lower out-of-pocket prescription drug costs for Medicare beneficiaries. As of July 1, 2023, coinsurances for 43 drugs will be lower for beneficiaries who take these medications. The savings will range from $1 to $372 per average dose, depending on the individual coverage. ...
Health insurer stocks dropped Wednesday after UnitedHealth Group warned of higher medical costs as older Americans start to catch up on surgeries they delayed during the Covid-19 pandemic. Shares of UnitedHealth, the largest U.S. health-care provider by market value, closed around 6% lower. Medicare-focused insurer Humana declined 11%. Elevance Health closed roughly 7% lower, and CVS Health, which owns insurer Aetna, slid nearly 8%. Insurance companies have ...