Tag: health care costs


Voluntary Benefits Gaining Popularity Across the Country

Benefitfocus, Inc., a provider of cloud-based benefits management software, has released its “State of Employee Benefits – Regional Edition” research report, a snapshot of real, but anonymous employee benefit election data from over 500 employers on the BENEFITFOCUS® Platform, broken out by U.S. Census region.

Specialty Drugs Contributing to Health Cost Increases

by Lisa Higgins, Contributing Editor

According to IMS Health 2015 Report of Use of Drugs in the US, 35%–40% of pharmacy-related costs for employers can be attributed to specialty medications, even though they are used to treat just 1%–2% of pharmacy benefit members. That shouldn’t be a surprise, considering the dollars involved.

Your Health Insurance Premiums May Be Higher than You Realize

By Jamie L. Leary, JD, Steptoe & Johnson PLLC To avoid triggering excise taxes under the play-or-pay mandate of the Affordable Care Act (ACA), an applicable large employer (ALE) must offer minimum-value health insurance to its full-time employees at affordable premiums, as defined by the ACA.

Health Plan Costs On the Rise, Says New Survey

Health insurance premium renewal rates increased an average of 6.2% for all plans in 2015, up from the previous year’s 5.6% increase, according to new survey data released by United Benefit Advisors (UBA), an independent employee benefits advisory organization. Small businesses with fewer than 25 employees, which account for five million U.S. employers, were hit […]

Employees Not Helped by Slow Health Premium Growth

Employers have been shifting more premium costs to workers and increasing their deductibles. That, in addition to the fact that price growth in the health sector outpaces growth for the rest of the economy,  has resulted in a disproportionate increase in employee out-of-pocket costs, a new Commonwealth Fund report says. Growth in health plan costs […]