Labor Board Widens Definition Of Employee

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.

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Oncologists Urge Congress To Act On Cancer Drug Shortages

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.

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Employers Increasingly Using Benefits To Attract Workers

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 ...

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Another PBM Reform Bill Has Been Introduced In Congress. Here’s What It Includes

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 ...

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2 In 3 Small Businesses Don’t Offer 401(k)s: Will SECURE 2.0 Help Move The Needle?

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 ...

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Biden Administration Announces Lower Out-of-Pocket Prescription Drug Costs for 43 Drugs

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. ...

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