Many pharmacy benefit managers promote discounts and drug rebates that may look good on paper, but often provide no transparency of true costs. This can result in employers paying much more than they should.
Mobile technology is changing the way healthcare is delivered; but creating a new paradigm where employees can navigate quality care more efficiently requires more than a cool app and access to board-certified physicians.
A majority of employers and industry insiders surveyed by Venrock are worried the effort is going to “face substantial challenges and take lots of time.”
The typical COBRA beneficiary costs employers far more in claims expenses than an employee’s cost of coverage. Andrea Riggs, Director, Communications and Partner Marketing, GetInsured, discusses the cost savings and other advantages of public exchanges for both employers and employees.
Many company leaders feel prepared for the upheaval that emerging technologies represent, but few are ready for the operational, competitive, cultural and security shifts already taking place.
Many pharmacy benefit managers promote discounts and drug rebates that may look good on paper, but often provide no transparency of true costs. This can result in employers paying much more than they should.
Employers should concentrate on adopting measures that enable seamless plan-to-plan savings portability for participants, especially for employee accounts with less than $5,000.
The impact of accelerating change is real – every organization is under intense pressure to control costs while building and equipping an agile workforce.
