The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
Alan Goforth is a freelance writer in suburban Kansas City. In addition to freelancing for several publications, he has written a dozen books about sports and other topics.
"If health insurance premiums rise faster than wages and general inflation, small employers are likely to face intensified financial strain, which could accelerate the erosion of health plan sponsorship among firms with fewer than 100 workers," said Paul Fronstin, Ph.D., director of health benefits research for the Employee Benefit Research Institute.
"At a time when health care costs continue to soar, we are taking a stand against insulin price manipulation and fraud," said Missouri Attorney General Catherine Hanaway.
The ERISA Litigation Reform Act, introduced by Rep. Randy Fine, R-Fla., is intended to curb meritless class-action lawsuits by clarifying the pleading standard applicable to ERISA-prohibited transactions claims.
The nation's three primary insulin manufacturers (Eli Lilly, Novo Nordisk and Sanofi) and three largest PBMs (CVS Caremark, Express Script and OptumRx) are named in the lawsuit.
"As health care costs have risen, employers have shifted more and more of the burden for health care spending onto their employees through co-pays, deductibles, co-insurance and excluding some forms of care from coverage," according to a new report from the Center for Economic and Policy Research.
Even as patient experience climbs the priority list, revenue growth remains a central goal, the company's latest Transformative Trends and Data-Driven Insights Report found.
Epic, a global health care software company, and several care providers are suing Health Gorilla, claiming that the health information network improperly accessed and monetized nearly 300,000 patient medical records.
Months of negotiations with hospital management stalled over issues such as health care benefits, workplace violence protection and staffing levels, according to the union's strike announcement.