1.5 minute read
A survey by Willis Towers Watson (WTW) revealed that 84% of U.S. employers are changing their leave programs over the next two years. The 2023 survey revealed that attraction,...
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2 minute read
When it comes to health insurance, employers are constantly searching for ways to optimize coverage and manage costs. That's where embedded and nonembedded deductibles come into play....
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4 minute read
A pharmacy benefits manager (PBM) acts as a middleman in the pharmacy benefits marketplace, connecting employers, drug wholesalers, plan members, pharmacies, and drug companies. PBMs...
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1.5 minute read
Group health plan sponsors must annually complete an online form with the Centers for Medicare & Medicaid Services (CMS) to disclose if their prescription drug coverage is creditable...
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1 minute read
The U.S. Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA) released a new model Employer CHIP Notice.
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1 minute read
The U.S. Department of Health and Human Services (HHS) updates federal poverty levels (FPLs) annually to determine eligibility for programs and benefits. The 2024 FPL for an individual...
3 minute read
Obesity is a global health epidemic with significant challenges for employers and workplaces, including decreased productivity and increased healthcare costs.
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1 minute read
The Departments of Labor, Health and Human Services, and the Treasury (Departments) issued FAQs about the contraceptive coverage mandate under the Affordable Care Act (ACA). The FAQs...
1 minute read
Employee assistance programs (EAPs) are often underutilized, despite their potential to boost employee well-being, satisfaction, performance, and health. According to Mental Health...
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1 minute read
Fifty-five new treatments were approved by the U.S. Food and Drug Administration (FDA) in 2023. This is a nearly 50% increase from the year before. Typically, 45-50 new drugs are...
