The analysts estimated that the average cost for employer-sponsored care would top $16,000 per employee in 2025. This is notably higher than the increase employers felt between 2023 and 2024, which was 6.4% after they deployed cost-saving options like increasing employee cost-sharing.
The Chevron deference framework was overturned less than two months ago, reshaping the relationship between federal agencies and the judiciary. This ruling has implications for benefits professionals tasked with ensuring their organizations remain compliant in an evolving regulatory environment.
U.S. medical stop-loss insurance prices may increase in 2025 because some players have been charging too little for coverage in recent years, according to an executive at Sun Life Financial's U.S. business.
Taxpayers are expected to save billions after the Biden administration inked deals with pharmaceutical companies to knock down the lists prices for 10 of Medicare’s costliest drugs. But how much older Americans can expect to save when they fill a prescription at their local pharmacy remains unclear, since the list cost isn’t the final price people ...
A recent court defeat for CVS Health Corp. is shining a light on how health-care corporations wield their financial might over doctors and pharmacies in ways that can put profits over patient care. With more than a dozen similar cases still pending in private arbitration, the pharmacy giant has millions of dollars on the line. The most ...
Vice President Kamala Harris’ selection of Minnesota Gov. Tim Walz as her running mate is making health care a front-burner issue in the final sprint to the November presidential election. Walz, a 60-year-old former high school teacher and football coach, has a record of supporting left-leaning health care initiatives during his two terms as governor ...