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...
Data analytics isn't just about saving money; it's about building a healthier, happier workforce. By understanding how employees use health care, we can design benefits that truly serve their needs....
1.5 minute read
The U.S. Food and Drug Administration (FDA) has granted Florida permission to directly import prescription drugs from Canada. This historic policy shift has the potential to...
1 minute read
Health care spending in the United States reached $4.5 trillion in 2022, a 4.1% increase from the previous year. This averages out to $13,493 per person. The growth in health care...
4 minute read
Since the COVID-19 pandemic, employers have faced challenges in attracting and retaining employees. The labor market will cool slightly in 2024, but competition for talent will remain....
3 minute read
Employers subject to ACA reporting must comply with reporting deadlines in early 2024 for the 2023 calendar year. They must furnish statements to individuals by March 1, 2024, and file...
4.5 minute read
Employers should be aware of the compliance issues impacting their health plan coverage in 2024, including expanded electronic reporting requirements under the ACA and anticipated...
1 minute read
Over half of consumers feel stress when paying medical bills and more than 9 in 10 say these payments have impacted their mental and physical health, according to a study from PayMedix....
2 minute read
The Centers for Medicare and Medicaid Services released the cost sharing limits for 2025 plan years. The new limits will be $9,200 for self only coverage and $18,400 for family coverage.
1 minute read
As we approach the end of the year, it's important for employers to stay on top of compliance requirements for their employee benefit plans. There are several tasks related to benefits...
