With employee health benefits representing some of the largest expenses in many organizations, the need has never been greater for brokers, third party administrators, plan sponsors and risk managers to deepen their involvement in managing these costs. Reining in these risks will save companies money while making health care more accessible and affordable.
Controlling excessive medical billing has moved to the forefront of risk management in the wake of the employee lawsuit against Johnson & Johnson. The company stands accused of securing an arrangement under which employees overpaid by millions of dollars for some generic drugs designated as specialty medications.
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