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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.

Case Threatening Obamacare Mandate For Cost-Free Preventive Services Goes Before Federal Appellate Court

With access that millions of Americans have to preventive care at stake, a conservative federal appeals court on Monday picked apart how the Biden administration has tried to maneuver around the latest significant challenge to Obamacare.

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Employers Should Expect Higher Health Care Costs In 2024, Outpacing Inflation

Higher medical costs for employer-sponsored plans are due to advances in treatments and health care consolidation trends, as well as specialty drug use and the new GLP-1 class of weight loss drugs, says a new report.

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How Many U.S. Businesses Offer Health Insurance to Employees?

About 86% of U.S. private-sector employees worked for establishments that offered employer-sponsored health insurance, according to a 3-year average based on 2020-2022 data collected by the Insurance Component of the Medical Expenditure Panel Survey (MEPS-IC). In this article, 3-year average statistics are based on data collected for reference years 2020 to 2022. At the state ...

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Few Americans Know Much About Health Care Costs

Less than one fifth of U.S. adults (17%) say they have an idea about their potential costs if they face a need for health care. That’s the finding of a 2023 survey by Gallup recently published in the Bentley-Gallup Business in Society Report. Seventy-nine percent of those surveyed said they did not know how much ...

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White House To Announce Federal Health Care Costs Task Force

The White House plans to announce a new federal task force focused on easing health care costs, according to three people with direct knowledge of the matter. The move comes as President Joe Biden seeks new ways to show voters he’s cracking down on the so-called corporate greed that he has increasingly blamed for high ...

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7 Proven Strategies To Dominate Local SEO

For brokers and agencies selling health insurance products in local markets, securing a strong online presence is crucial for business. Mastering local Search Engine Optimization (SEO) should be an indispensable part of your marketing strategy. In this article, we will look at what local SEO is and provide some tips that insurance agencies and brokers ...

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Mark Cuban Says Cost Plus Drugs Targeting Generic Meds In Short Supply As It Opens Manufacturing Facility

Mark Cuban Cost Plus Drug Company will begin manufacturing its own generic medications this week, starting with sterile injectables, founder and CEO Alex Oshmyansky, M.D., Ph.D., said Monday during a White House roundtable on lowering healthcare costs. The company, which launched just two years ago, will first manufacture commercial batches of epinephrine and norepinephrine for patients in the ...

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Hospital Prices Are ‘Unreasonable’ And ‘Indefensible’, Say Employers

Less than half of employers are confident in the integrity of health care services and fees charged by hospitals, pharmacy benefit managers, third-party administrators and even broker and consultants, says a new report.

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HCA Healthcare To Face Antitrust Lawsuit Over Its ‘All Or Nothing’ Contracts With Health Plans

The hospital operations giant has lost a bid to dismiss a proposed class action lawsuit in North Carolina federal court, accusing it of scheming to restrict competition and artificially drive up costs for health plans.

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Congressional Leaders Strike Deal To Avert Shutdown This Week

Congressional leaders have struck a deal to avert a government shutdown this week, agreeing to punt a pair of funding deadlines later into March to buy more time for spending talks. Under the deal announced Wednesday, leaders have agreed to extend funding for six full bills covering the departments of Agriculture, Justice, Commerce, Energy, Interior, Transportation ...

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