With multiple generations working side-by-side in this economy, the needs of your staff in terms of employee benefits will vary greatly depending on their age. You may have baby boomers who are nearing retirement and have health issues, working with staff in their 30s...
In recent years, employers and self-employed Americans have been migrating to high-deductible health plans (HDHPs) but, if they are not attached to a health savings account (HSA), they can end up costing the plan participant more than they can afford and create health...
As the job market tightens and competition for workers becomes fiercer, a majority of employers are boosting their employee benefits offerings and are paying less attention to reducing associated costs, according to a new study. The changes reflect the shifting...
Business leaders are constantly monitoring the financial performance of their organization. If costs start to escalate in a particular area, the CEO or CFO likely dive into the numbers to find out what the root cause is. If the sales budget was out of line and a...
An audit carried out for Ohio Medicaid found that large pharmacy benefit managers that contract with the state's Medicaid program have been pocketing a larger and larger share of drug pricing. In fact, PBMs charged Ohio Medicaid plans 31% more for generic...
The IRS has proposed new regulations that could let employers avoid Affordable Care Act employer mandate-related penalties by allowing them to reimburse employees for insurance they purchase on health insurance exchanges or the open market. The regulations are not yet...
A new study has found that people enrolled in high-deductible health plans (HDHPs) actually are more likely to consider costs and quality when considering non-emergency care. The 14th annual “Consumer Engagement in Health Care” study by the Employee Benefits Research...
A ruling by a U.S. District Court judge in December 2018 that the Affordable Care Act is unconstitutional is not expected to stand but, if it does, the moves that have been made in the health insurance space to reduce costs, deliver better care outcomes and make the...
In 2017, spending on prescription drugs grew 11%, faster than any other category of health care spending, according to the U.S. Centers for Medicare and Medicaid Services. The report cited increased use of new medicines, price increases for existing ones, and more...
Total Control Health Plans is hosting the first of a series of employer round table events in 2019 on Wednesday, February 20th. The event is targeted towards employers who have, or are considering, a self-funded medical plan and are spending more than $6,500 per...