Economy

Addressing frustrations with growing medical costs, price gouging and employee education appear to be key drivers that could impact the whole employer-based delivery system.

Pharmacies in Canada, Australia, the U.K. and more can supply Rx medicine for less than half of U.S. prices.

All three entities have a long-term profit focus, which makes them incentivized to tackle drug price transparency, behavior incentives, technology improvements and more.

Employers will be relying on brokers to know the ins and outs of each benefit account as they take a larger role in their employees’ health benefit plans.

Amazon.com, Berkshire Hathaway and JPMorgan Chase say they plan to collaborate on a way to offer healthcare services to their U.S. employees more transparently and at a lower cost.

The insurer says it will continue updating its supplemental health employee benefit suite in 2018.

Brokers must move away from typical carrier negotiations and bring real cost-saving strategies to clients.

Insurance expenses have become the country’s No.1 financial concern, providing an urgent need for transparent coverage information.

The insurer says it will continue updating its supplemental health employee benefit suite in 2018.

President James Klein spoke with EBN about the organization’s agenda, now that Cadillac tax implementation is delayed another two years.