Healthcare costs

A reduction in employer contributions and rising prescription drug costs are drivers of growth in healthcare costs, according to new data from consulting and actuarial firm Milliman.

Employers host a variety of valuable employee data such as age range, marital status, number of dependants and more, yet many are not able to take advantage of the insight it can provide, says Brenden Mielke of Thomsons Online Benefits.

A reduction in employer contributions and rising prescription drug costs are drivers of growth in healthcare costs, according to new data from consulting and actuarial firm Milliman.

Most organizations have come to terms with the Affordable Care Act, but repeal of the Cadillac tax still appears on many wish lists.

DOL outlines companies’ obligation under the statute, but still leaves many issues unresolved, says attorney Jeff Nowak.

These basic plans are easy to administer and more affordable than fully insured plans, while still meeting legislated requirements under the ACA.

Even though most employers have come to terms with the Affordable Care Act, there are still changes they would like to see, says Willis Towers Watson’s John Barkett, including a repeal of the Cadillac tax.

These basic plans are easy to administer and more affordable than fully insured plans, while still meeting legislated requirements under the Affordable Care Act, says James Perry of Corporate Synergies.

Insurers frequently offer incentives intended to move employers to new models, networks and platforms, but they can be very confusing for clients, says CBIZ’s Zack Pace.

Health plan sponsors have a valuable role to play in preventing avoidable deaths from medical mistakes, says Joe Kiani, president of the Patient Safety Movement Foundation.