Some large health insurers have backed federal efforts to crack down on potential rivals to fully insured group health insurance, but the Trump administration seems likely to end efforts to restrict the major medical insurance alternatives.
As companies and their benefits advisors prepare for the next round of renewals, the "Ozempic bump" serves as a stark reminder of the volatility of health care costs.
Employers should consider the following 2024 updates to SECURE 2.0; the benefits will serve as a clear differentiator within an increasingly competitive and uncertain economy.
It's critical that employers and their benefits advisors take the fiduciary standards learned from retirement plans and apply them to their health plans.
By knowing a few high-level details about these cases and taking purposeful steps, employers and their benefits advisors can help protect their health plans in defending against similar claims while also putting members' best interests first.
In the year since the Federal Reserve brought interest rates to a more than two-decade high, the central bank has succeeded in taking the steam off of an overheated US economy. But higher borrowing costs have also had some unexpected effects.