Aug 6, 2024 | Benchmarks, Dental, Employee benefits, Flexible spending accounts (FSAs), Health Benefits, Health Savings Accounts (HSAs), Self-funding, SHRM, Survey, Telehealth, Telemedicine, Vision
Employers continue to rank health care highest in importance of employee benefits, according to the 2024 SHRM Employee Benefits Survey. As shown in the graph below, 88% of respondents said they consider health care-related benefits to be “extremely important” or “very...
Aug 5, 2024 | Biosimilars, Food and Drug Administration (FDA), Humalog, Humira, Opinions
From a STAT opinion piece by Juliana M. Reed, executive director of the Biosimilars Forum: “Biologic medicines are some of the most important drugs in the world. They are also among the most expensive. Biosimilars are FDA-approved treatments that are similar to...
Aug 2, 2024 | Cancer, Colon Cancer, Colonoscopy, Food and Drug Administration (FDA), News, Preventive Care, Research, Wellness
On July 29, the Food and Drug Administration approved a first-of-its-kind blood test determined to be 83% effective at detecting colon cancer. Called Shield, the noninvasive test was authorized for use by people aged 45 and older with an “average risk” of the...
Aug 1, 2024 | Cost Savings, Debit Cards, Flexible spending accounts (FSAs), FSA Store, Health care costs, Health flexible spending account (FSA), Savings
Offering your plan members a flexible spending account (FSA) option is not only an effective way to help them lower their health care spend (qualified purchases are made using tax-free dollars), but by adding a MedBen debit card, it’s a convenient way to do it!...
Jul 23, 2024 | Federal Trade Commission (FTC), Formularies, News, Pharmacy Benefits Manager (PBM)
In an interim report released on July 9, the Federal Trade Commission charges major pharmacy benefit managers of engaging in business practices designed to benefit their own bottom lines at the expense of clients. The FTC report, subtitled “The Powerful...
