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.
There’s no shortage of attention on rising pharmaceutical costs, but policymakers need to have the full picture of trends in this space to work off of, according to a new study. Researchers at the Bureau of Economic Analysis wanted to account for the role the pharmacy benefit manager-negotiated rebates play in drug pricing trends. They compared ...
The U.S. government’s first-ever negotiated prices for prescription drugs are still on average more than double, and in some cases five times, what drugmakers have agreed to in four other high-income countries, a Reuters review has found. The U.S. Medicare health plan, which covers more than 67 million people, recently unveiled new maximum prices, opens new ...
Small and midsize employers' efforts to start their own health plans have collided with regulatory and market reality. The percentage of U.S. employers with fewer than 100 employees that self-insure at least one health plan fell to 16% in 2023.
The Word & Brown Companies today was named in the annual Best Places to Work in Insurance program, which recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work, and help their companies grow.
New federal regulatory guidance on the 2010 health care reform law eliminates uncertainties about how employers can pair a popular health care funding approach with one of the hottest benefits trends: having employees obtain coverage via private health insurance exchanges.
Mark Cuban, the founder of Cost Plus Drug Co., remains committed to disrupting the U.S. health care system to make it more affordable for consumers.
People enrolled in Affordable Care Act (ACA) marketplace plans had access to 40% of their local physicians in-network on average, according to a new analysis from KFF. Just 4% of people with marketplace coverage were enrolled in plans that included more than three-quarters of local doctors in-network, according to the study. By comparison, 23% of people were ...
Former President Donald Trump and Vice President Kamala Harris have a rare point of agreement in their otherwise bitter and divisive contest: It's up to the government to cut high U.S. drug prices.
For more than a decade, independent pharmacist Jay Patel has built a close and enduring relationship with his customers, who come to him for help in sickness and in health. But now there are interlopers: Drug middlemen, companies known as pharmacy benefit managers (PBMs) that influence which medicines can be bought, where to buy them ...
Employees at companies with less than 75 employees rated their happiness 47% higher than those with 76+ employees.