Stay informed on key topics within the health benefits arena and learn how to find the best solutions for your healthcare needs. Our articles provide comprehensive insights into the complexity and value of medications, health policy updates, and strategies for navigating complex healthcare decisions.
Key Takeaways November is a key time for employees to understand and choose their pharmacy benefits, impacting their health and finances. Many employees find Open Enrollment overwhelming—simplified communication helps them make better choices. Start communication...
Key Takeaways Employer-sponsored health insurance premiums have increased by 6%, impacting both companies and employees financially. Managing healthcare costs is essential for companies to maintain financial stability without reducing the quality of employee benefits....
Key Takeaways Tiers group medications by cost to balance affordability and access, with most employers using three or four levels. Tiers help manage pharmacy expenses, which make up a large portion of healthcare costs, with PBMs negotiating prices. Tiers offer...
Key benefits of Intercept Rx’s Rx Optimization Program Lower out-of-pocket costs: Intercept Rx reduces employees’ prescription expenses through its Rx Optimization Program. Transparent pricing PBM: No hidden fees, with savings passed directly to employers and...
The insurance industry has a "dirty secret" about the hidden cost of fully insured plans that many employers are unaware of – health insurance companies prefer fully insured plans because they’re more profitable for them, but often far less beneficial for employers....
In today’s competitive job market, attracting and retaining top talent has become one of the biggest challenges for employers. While offering competitive compensation remains important, employees now seek more than just a paycheck. They are looking for companies that...
In today's healthcare landscape, managing pharmacy spend has become a critical concern for employers and employees. With prescription drug costs steadily rising, the impact on company budgets and individual out-of-pocket expenses cannot be overstated. As these costs...
As we step into the second half of 2024, the landscape of healthcare and pharmacy benefits continues to evolve at a rapid pace. Prescription drug prices, accessibility, and affordability remain at the forefront of discussions, not only among policymakers but also...
The first half of 2024 has brought several important changes to the pharmaceutical industry. This report highlights the major trends observed over the past six months, including: Evolution of drug prices Growing use of generic drugs Rise in specialty medications Key...