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The offer may show employers how hard drug manufacturers will compete based on price, in at least some situations.

Requiring pharmacy benefit managers to pass through updates cut premium changes by an average of 52%.

Einat Steklov, CEO & co-founder of Kashable, a financial wellness company, believes employers need to address both immediate and long-term financial needs for their employees.

More than 8 in 10 employers intend to offer employees and their dependents access to lower- or no-cost mental health support through their tele-mental health provider this year, the letter said.

Join our expert panel for an in-depth discussion on the complexities of Canadian benefits and how to ensure seamless coverage.

Just as baseball teams once fixated on home run hitters while overlooking equally valuable players with different skill sets, many organizations focus heavily on traditional big-ticket benefits like premium health care plans while missing opportunities to create greater value through strategically allocating their benefits budget.

An interruption of benefits is likely within the next 90 days, former Commissioner Martin O'Malley says.

“These changes are part of ongoing efforts to reduce total UnitedHealthcare prior authorization volume," the company said.