asda A new survey has found that many American workers are struggling with medical bills even though they have employer-sponsored health plans. The good news from the survey was that 81% of respondents said they had health insurance, which meant they were 19% more financially fit than people without insurance. They were also happier. The […]
Many Workers Struggle with Medical Bills, Despite Having Insurance Read More »
The Trump administration has decided not to pursue a policy that would have put an end to rebates paid to pharmacy benefit managers, which could put the focus again on how drug companies set their prices. The proposal would have barred drug companies from paying rebates to PBMs that participate in Medicare and other government
Trump Administration Decides Not to End PBM Rebates Read More »
A new report by Sun Life Insurance Co. highlights the top high-cost claim conditions that plague the U.S. health care system and account for more than half of all catastrophic or unpredictable claims costs. The top 10 costliest claim conditions comprised over half (51.8%) of the $3 billion that Sun Life reimbursed to stop-loss policyholders
The Costliest Claims for Catastrophic Conditions and the Drugs Used to Treat Them Read More »
As the workforce ages and many employers want to keep on baby-boomer staff who have the experience and institutional knowledge that is irreplaceable, one issue that always comes up is how to handle health insurance. Once your older workers reach the age of eligibility for Medicare, under current law you can help them pay for
Small Employers Can Reimburse for Medicare Part B, D Premiums Read More »
Christina Barbuto has Crohn’s disease, a debilitating gastrointestinal disorder. Her physician prescribed medical marijuana to treat the symptoms, as allowed by Massachusetts state law. When she interviewed for a job that required a drug test, she informed her would-be supervisor of her condition and prescription. The supervisor assured her that this would not be a
Is Your Workplace Prepared for Legal Marijuana? Read More »
The IRS has announced new health savings account contribution maximums for the 2020 health insurance plan year. Employees who have an HSA linked to a high-deductible health plan (HDHP) will be able to contribute to their HSA up to a certain level to help pay for health care and pharmaceutical expenses. Funds going into your
New Health Savings Account, HDHP limits for 2020 Read More »
As more people struggle with their medical bills, Congress has been introducing a raft of new legislation aimed at cutting costs and making pricing more transparent. The multi-pronged, bipartisan effort targets the lack of transparency in pricing particularly for pharmaceuticals, as well as surprise medical bills that have left many Americans reeling, and there are
Congress, Administration Serious About Tackling Health Care Costs Read More »
The heat is growing on the pharmaceutical industry after more than 40 US states filed a lawsuit accusing generic drug makers of engaging in a massive price-fixing scheme. The lawsuit accuses 20 companies of conspiring to fix prices of more than 100 generic drugs, including some that are used to treat cancer and diabetes. The
40 States Sue Generic Drug Makers for Collusion Read More »
Most employers are doing all they can to keep their employees’ health insurance and health care outlays to a minimum. And while most of those efforts are focused on the upfront cost of insurance, co-pays and deductibles, many employers fail to help their employees control the very costs they actually have the most control over
Help Your Employees Save Money on Drugs Read More »
While most businesses rarely get rebate checks from their group health insurer, this year may be different as insurance companies are expected to pay back record excess premiums, as required by the Affordable Care Act. The landmark insurance law requires that insurers spend at least 80% of their premium income on medical care and medications,
Insurers Will Pay Record Amount of Rebates to Small Group Plans Read More »
This is the face you make after a minor mishap with filming!
My introduction before Craig Lack is now long lost footage.
That’s show biz, right?!
The good news is that Craig is talking about the strategies we’re both using to help organizations liberate the dollars trapped in their health spend.
I’m available after you watch and learn to talk the nitty gritty – how it works, implementation, executive buy-in and employee adoption.
Happy Watching!
