Economy

Warren Buffett’s healthcare venture has far bigger plans than simply squeezing middlemen for better prices.

Once he ‘stopped doing what’s safe,’ the Ohio adviser found group captives can substantially cut expenses for small and midsize employers.

RA medicine accounted for nearly half of specialty drug spend last year, inducing the pharmacy benefit manager to introduce a personalized savings program that could save employers $500,000 a year.

Given the penalty amounts, the importance of keeping an eye out for the IRS statements and acting quickly cannot be overstated, says benefits consultant Zack Pace.

More firms are managing healthcare spending with self-insurance, leaner plan options and pharmacy benefit carve-outs, according to Gallagher research.

A plan that includes employee coaching and support teams, financial incentives and prescription management is key.

The growth in U.S. healthcare prices is projected to outpace economy-wide inflation for the first time since 2010.

Grocery chain to buy drugstores in a deal that would accelerate the remaking of the retail and healthcare industries.

Grocer Albertsons will buy drugstore chain Rite Aid in a deal that would accelerate the remaking of the U.S. retail and healthcare industries.

Given the penalty amounts, the importance of keeping an eye out for the IRS statements and acting quickly cannot be overstated, says benefits consultant Zack Pace.