June 21, 2022
Please tell others that take these. We expect to add more than 1k more meds over the next 12 months, if not sooner. https://t.co/eP6JNL0QIt — Mark Cuban (@mcuban) June 18, 2022 If you’re taking prescription drugs, please check out MCCPDC Because “The Mark Cuban Cost Plus Drug Company” is way too long to say …
June 14, 2022
I didn’t know Drake has health insurance bars like this in him… “your EOB ain’t a bill like how I wasn’t the man you needed me to be” pic.twitter.com/nshpFAiguu — John Hansbrough (@john_hansbro) June 13, 2022 I want to start this week’s newsletter with some items of note on gender, specifically communication, the pay gap, …
June 6, 2022
What role do you play in bringing along others and helping them perform at a higher level? In particular, how are you overlooking who you could be impacting? We usually underestimate our reach. But small actions can have big results, and I think a lot of the news and findings below point to how much of …
May 31, 2022
According to research from RAND Corporation, employer-sponsored health plans paid over twice as much as Medicare to hospitals for the same services at the same sites. This is an annual study performed by RAND, in which the 2018 study found that employers paid 247 percent of Medicare. Don’t pop the champagne to celebrate that reduction …
May 24, 2022
PBMs, or Pharmacy Benefit Managers, get a lot of attention in employee benefits plans, and for good reason. Prescription drugs account for 30, 40, or even 50% or more of a group’s medical claims, and are a huge driver of rising healthcare costs for employers and employees. If you aren’t paying attention to your prescription drug …
May 16, 2022
A MERP or Medical Expense Reimbursement Plan is a type of HRA (Health Reimbursement Account) where employers can pay for a portion of employees’ healthcare costs on a tax-free basis. They’re most frequently utilized with high deductible health plans so that employers have the flexibility to tailor a plan to their needs and the needs of their employees. …
May 13, 2022
Health plan price transparency helps consumers know the cost of a covered item or service before receiving care. Beginning July 1, 2022, most group health plans and issuers of group or individual health insurance will begin posting pricing information for covered items and services. This pricing information can be used by third parties, such as …
April 26, 2022
Small and mid-sized businesses are facing multiple challenges today. Inflation, cybersecurity, and supply-chain issues are affecting nearly every business. And the tight labor market is forcing every company to rethink how they are attracting and retaining one of their most important assets, their employees. Employees drive sales, clean up operations, keep customers happy, and make …
April 11, 2022
Health insurance is essential to protecting your health but the high cost of coverage may leave you feeling sick. Even after employers pick up a substantial amount of the cost, every year Americans spend thousands of dollars on healthcare while costs are continuing to rise. By taking certain steps, you can stretch your healthcare dollars …
March 28, 2022
Employers always want to know what other companies are doing with their benefits. They want to ensure they offer competitive benefits so they can recruit and retain their workforce, especially in today’s tight labor market. And knowing what peer organizations are offering and doing with their benefits is key. One great resource is the Kaiser …
