Drug cost growth to be in low single digits: report
The compounded annual growth rate of private market drug costs, at an overall market level, will be in the range of 1.6% to 2.8% between…
- By: Staff
- November 22, 2013 September 13, 2019
- 10:56
The compounded annual growth rate of private market drug costs, at an overall market level, will be in the range of 1.6% to 2.8% between…
Health benefit costs in the United States continued to slow in 2013 as employers took action in anticipation of new expenditures that will arise over…
With ever-bloating drug plan costs, sponsors need bite-sized solutions to get costs under control
I have been asked by several people for my views on the benefits of the future. In this article, I suggest that the benefits currently…
Most Americans see the benefits a company offers—especially health insurance—as an important consideration when they accept or reject a job, but not all employees are…
Many Canadian companies will soon start preparing disclosures for their fiscal year-end corporate financial statements. For most organizations that account for their pension and other…
Canadian senators Pamela Wallin, Mike Duffy and Patrick Brazeau have been suspended from the Senate without pay for the next two years, but they will…
Four short-term strategies to save on benefits plan costs
CGI Federal—the Canadian company which is the main contractor for the new Obamacare website—says the U.S. government bears the ultimate responsibility for all the glitches…
Despite general unfamiliarity with the Affordable Care Act, a majority of U.S. employees believe the new law will increase how much they pay for health…
Encouraging employees to live a healthier lifestyle eventually gives way to the notion that for some, the need for prescription drugs may be largely unavoidable.…
In his 2012 article, “Too complex to depict?”, Professor Henry Hu of the University of Texas Law School asks whether “too-big-to-fail” banks are too complex…
I recently presented at an employee benefits conference in the United States. As you would expect, much of the discussion was focused on Obamacare, however,…
Not long ago, drug cost management typically entailed reductions in coverage for plan members in the form of lower coinsurance, increased deductibles, dispensing fee caps,…
Although many of Canada’s small businesses feel responsible for their employees, few of them provide health and retirement benefits, according to the 2013 Manulife Financial…
The 2013 Vancouver Benefits & Pension Summit provided delegates with the information they need to reduce costs, create solutions, improve the workforce and manage risks.…
A series of business divestments that resulted in staff reductions exceeding 75% of the upstream workforce created a challenging time at BP Canada Energy Group…
Starting next month, Green Shield Canada is limiting new prescriptions of high-cost drugs to 10 days under its initial days supply feature.
In our fast-paced world where humans are bombarded every single day with thousands of messages, it’s no wonder that conventional communication strategies are quickly becoming…
A recent LIMRA study revealed that 76% of Canadians would prefer to buy life insurance face-to-face in the future as opposed to buying from work,…
The United States government closed offices and shut down numerous services on Tuesday after Republicans tried to undermine the Affordable Care Act.
Drug plan costs are an ongoing concern for Canadian employers. Benefits Canada’s Face to Face Drug Plan Management Forum in Vancouver shows how plan sponsors…
A poll finds a majority of Americans are unaware that new insurance marketplaces created by the Affordable Care Act are slated to open on Tuesday.
Canadians access newly patented medicines later than other countries do—a situation that can be remedied if Canada accepts American and European Union drug approvals instead…
Much has been written over the last 36 months with respect to programs that have been implemented to help contain and manage drug plan costs.…