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Prescription drug rebates on the rise

Prescription drug rebates on the rise

by Kari Hoback | May 13, 2022 | Employee Benefit Updates

Tina Reed Axios May 9, 2022 Prescription drug rebates from drugmakers to commercial health plans are steadily increasing, a study published in JAMA Health Forum shows. Why it matters: This is all part of a system in which drugmakers negotiate...
Copayment Coupons and the Pricing of Prescription Drugs

Copayment Coupons and the Pricing of Prescription Drugs

by Gabby Prawoto | May 6, 2022 | Employee Benefit Updates

THE DIGEST May 5, 2022 Pharmaceutical companies have succeeded in boosting demand for high-priced brand-name drugs by offering coupons to offset patient cost-sharing. While consumers who qualify for these coupons enjoy immediate benefits, the practice has...
Impact of pandemic on commercial health insurance: Spending, risk both increasing

Impact of pandemic on commercial health insurance: Spending, risk both increasing

by Gabby Prawoto | Apr 6, 2022 | Employee Benefit Updates

The ripple effect of the pandemic will be felt not only for the rest of 2022 but well into the future. By Alan Goforth  April 05, 2022 However, utilization of psychiatry services increased 32 percent, the largest growth in utilization of any subcategory of service....
How to Better Manage your Specialty Drug Costs

How to Better Manage your Specialty Drug Costs

by Gabby Prawoto | Feb 16, 2022 | Employee Benefit Updates

By: John Thornton February 15, 2022 According to the Pharmaceutical Care Management Association, pharmacy benefit managers provide prescription drug benefits for over 250 million Americans. Of those Americans, many have chronic diseases such as cancer,...
What Is A Flexible Spending Account (FSA)?

What Is A Flexible Spending Account (FSA)?

by Gabby Prawoto | Dec 16, 2021 | Employee Benefit Updates

Kemberley Washington July 16, 2021 Whether you have out-of-pocket healthcare expenses or dependent care costs, you may want to consider your employer’s flexible spending account (FSA). An FSA may differ from employer to employer but can save you money and cut your...
Who Should Consider A High-Deductible Health Plan?

Who Should Consider A High-Deductible Health Plan?

by Gabby Prawoto | Dec 9, 2021 | Employee Benefit Updates

Louise Norris May 26, 2021 Q. Who should consider a high-deductible health insurance plan? A. If you’re healthy – or sick – and have some money saved or plan to save some in the coming year, you might want to consider a high-deductible health plan (HDHP). Yes, that’s...
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