Prescription Drugs Archives - Word on Benefits

Magazine Extra: Employee Benefits Join the Genomic Revolution Toward Precision Medicine

Guest Contributor

21 Nov 202321 Nov 2023

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analyses on the latest benefit trends and compliance issues. Visit ifebp.org/benefitsmagazine to see the latest Benefits Magazine Extras as well as the bimonthly print edition. Employers […]

Communication Employee Benefits Health Care Prescription Drugs U.S. Wellness

Employers Grapple with Claims Costs versus Outcomes of GLP-1 Drugs

Anne Patterson

14 Nov 202314 Nov 2023

A new survey report from the International Foundation of Employee Benefit Plans reveals U.S. employer coverage and considerations surrounding glucagon-like peptide-1 (GLP-1) drugs, which have historically been used to treat diabetes. These drugs were also found to cause weight loss and have […]

Canada Employee Benefits Prescription Drugs Wellness

Benefit Trends Making Headlines: What to Know Now

Alyssa Hodder

01 Nov 202301 Nov 2023

Weight loss drugs have remained the headlines for most of 2023 due to their impact on diseases like obesity and diabetes. We asked Barbara A. Martinez, National Practice Leader, Drug Solutions at Canada Life to share her insights on benefit trends, GLP-1 […]

Employee Benefits Health Care Insurance Prescription Drugs

PBM Reform Momentum Heats Up

Amanda Wilke

08 Jun 202308 Jun 2023

The fight to lower prescription drug costs is underway. Congress has introduced a handful of bipartisan bills aiming to tackle drug prices by increasing transparency on pharmacy benefit managers (PBMs) and their practices that increase drug prices for group health plans. Congressional […]

Employee Benefits Health Care Prescription Drugs

RxDC Reporting Due June 1: Here’s What to Know

Anne Newhouse

16 May 202316 May 2023

Prescription drug data collection (RxDC) is the new reporting process required by Section 204 of the Consolidated Appropriations Act, 2021 (CAA). The reporting is meant to capture data on prescription drug (Rx) pricing trends, reimbursement amounts including rebates, identify how Rx costs […]

Diversity and Inclusion Employee Benefits Employee Benefits Survey Health Care Human Resources (HR) Insurance Prescription Drugs U.S. Wellness

The Rise of Gender-Affirmation Health Care Benefits

Anne Patterson

11 May 202318 Oct 2023

Gender-affirmation health care benefit offerings have been on the rise over the past seven years, according to survey data from the International Foundation. Up from 12 percent in 2016, 30 percent of U.S. employers now offer the benefit. I spoke with Julie […]

Affordable Care Act (ACA) Compliance DOL Employee Benefits Health Care Human Resources (HR) Insurance Prescription Drugs

**ACA Preventive Services Requirements Struck Down: Braidwood Management v. Becerra Explainer**

Jenny Gartman, CEBS

26 Apr 202326 Apr 2023

As a result of ongoing litigation, the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (the departments) cannot enforce some Affordable Care Act (ACA) preventive care requirements, but the departments strongly encourage plan sponsors to keep coverage without […]

Employee Benefits ERISA Insurance Legislative Prescription Drugs Regulatory U.S.

Legal and Legislative Reporter: Court Denies Insurance Company’s Motion to Remand AD&D Benefits Claim

Guest Contributor

08 Feb 202310 Mar 2023

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […]

Employee Benefits Employee Benefits Survey Health Care Prescription Drugs

Prescription Drug Cost-Containment Strategies

Justin Held, CEBS

12 Jan 202310 Mar 2023

According to a recent International Foundation survey report, health care costs are expected to increase by 7% between 2022 and 2021. This increase is driven by a number of factors, including the high cost of specialty prescription drugs. In response to the […]

Employee Benefits Employee Benefits Survey Prescription Drugs Wellness

Employers Covering Prescription Drugs for Weight Loss

Anne Patterson

05 Jan 202310 Mar 2023

A healthy reset has been a standard theme entering the new year, but it shouldn’t be the only time of year workplace wellness gets prioritized. What an individual’s weight says about their health status is an evolving discussion. So too is how […]