Sep 13, 2024 | Cancer, Health care costs, Heart disease, High-cost claims, Mental Health, Rx Costs, Survey
Employers say they expect their health care costs to rise 7.8% next year — the highest estimate in more than 15 years — according to the latest Business Group on Health member survey. Even factoring in cost-reducing plan design changes, respondents project costs to...
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...
Nov 28, 2023 | Cancer, Cost Savings, Mental Health, Pharmacy, Prescription, Savings, Survey, Transparency
A recent survey of large employers by the Business Group on Health revealed considerations that self-funded plans expect to focus on in the coming year, including: Pharmacy costs. High-priced drugs and overall pharmacy costs are a source of concern for over 90% of...
Sep 5, 2023 | Alternative Reimbursement Strategies, Claims, Comparative Effectiveness, Cost Savings, Direct-to-Employer Contracting, Drug costs, Fair Market Pricing, Forensic claims review, High-cost claims, Inflation, MedBen Rx, MedBen WellLiving, Reference-Based Pricing, Rx Costs, Savings, Self-funding, Specialty Care, Survey, Wellness
A new survey by International Foundation of Employee Benefit Plans found employers expect plan costs to increase seven percent in 2024. As to why, they gave a range of answers, with the top four reasons representing 71 percent of responses (see chart below). As it...
Jul 20, 2023 | Cancer, Chronic conditions, MedBen WellLiving, News, Survey, WellCare, Wellness, Wellness exam, Wellness screenings
A new Aflac Wellness Matters survey found that about 1 in 4 employed adults in the U.S. skip regular checkups because they feel healthy, don’t have the time, or don’t like going to the doctor (among other reasons cited). Also, nearly half of adults said...