Industry Updates
This broad category includes articles concerning health insurance costs, carrier and health plan news, changing benefits technology, and surveys by the Kaiser Family Foundation and others on employee benefits.
“As employers head into the new year, they face formidable challenges stemming from climbing health care costs, which are putting pressure on how employers manage their overall health and wellbeing programs," said Ellen Kelsay, president and CEO of Business Group on Health.
Members of state legislatures are looking for a way to regulate self-funded employer plans. The National Council of Insurance Legislators held a general session on the impact of the Employee Retirement Income Security Act of 1974 on state health insurance regulation last month in San Antonio, during NCOIL’s annual meeting. Federal law leaves regulation of ...
Billionaire Elon Musk on Thursday weighed in on the cost of health care in the U.S., questioning the value Americans get for the coverage they receive. “Shouldn’t the American people be getting their money’s worth?” Musk, who was tapped to co-lead the incoming Trump administration’s Department of Government Efficiency (DOGE) alongside Vivek Ramaswamy, replied to a post ...
Congressional Democrats have privately proposed a deal to Republicans that would extend expiring Affordable Care Act subsidies by one year, with lawmakers worried by new estimates that 2.2 million people will otherwise lose health coverage, according to five people who spoke on the condition of anonymity to discuss the proposal. The move accompanied a broader ...
President-elect Donald Trump says he wants to disrupt the status quo in Washington. Adam Beck, a health benefits policy shaper, is hoping the new administration will make the current system more affordable without turning it upside down. Beck is senior vice president of commercial product and employer policy at America’s Health Insurance Plans, a health ...
When it comes to voluntary benefits, the question remains: Should the employer foot the bill?
Improving retirement security in America has been one of the things that has had wide bipartisan support recently, and now Republican control of the Presidency, House, and Senate could make passing retirement legislation easier, says retirement industry insider David Blanchett.
As a new legislative session gets underway in Sacramento next week, officials are sending mixed signals about the state of the state budget and just how ambitious California can afford to be in the coming year. A mere week ago, the Legislature’s nonpartisan fiscal adviser released its annual outlook, projecting a small deficit that could soon ...
The price of Wegovy, the diabetes control drug's glamorous anti-obesity sibling, may also be falling, according to a Health and Human Services report.
Benefits Pro reported in October 2024 that about one-third (34%) of employers anticipate shifting their employee benefits cost increase to employees. However, most businesses are considering alternatives that could help them avoid that cost shifting. Businesses are forecasting cost increases of as much as nine percent in 2025 (7.7% according to Benefits Pro). That is up from ...