Industry News from Employee Benefit News

Organizations can't prevent legislative consequences and repercussions, but they can provide much needed support to those impacted.

Access to claims data enables plan sponsors to identify cost drivers, assess the impact of formulary decisions and negotiate better contract terms with PBMs.

What brokers and advisers need to know about the institutional knowledge gap in plan operations — a fiduciary issue with real financial and legal consequences.

A two-phased strategy can help create cost-effective, employee-focused health plans while addressing unnecessary claims costs.