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Thu, Aug 16 2012 NORTH CANTON, Ohio (Reuters) – Republican vice presidential candidate Paul Ryan acknowledged late last week that his proposed health care reforms rely on many of the same spending reductions for which he has criticized President Barack Obama, something that could undercut a central message of the Republican campaign.
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The legislation calls on Congress to lower prescription drug costs, shift subsidies directly to consumers, and enforce strict price transparency.
Rising use of the weight-loss drug is fueling the fastest health plan cost growth in a decade and a half, forcing employers to rethink coverage strategies and cost management.
Employers are increasingly exploring lifestyle spending accounts as a way to deliver health and wellness flexibility to a workforce demanding it.
A preventative and proactive approach offered as a stand-alone benefit will help avert crises and the accompanying ripple effect on well-being and productivity.
As healthcare costs continue climbing, employers are exploring new funding models, cost-containment strategies, and benefits approaches to better manage spending.
