President Donald Trump recently signed an executive order aimed at improving price and quality transparency in health care. The order is intended to increase availability of health care price and quality information and protect patients from surprise medical bills. What’s in the Order? Specifically, the order is aimed at: Eliminating unnecessary barriers to price and … Continue reading Executive Order On Healthcare Cost To Affect Employer Health Plans
Individuals born between 1981 and 1996 have their fair share of obstacles. They struggle with stagnant wages, overwhelming debt and a higher cost of living. A recent report also suggests they’re experiencing an increasing number of mental and physical health concerns. To combat this dangerous trend, millennials are encouraged to take preventative measures to decrease … Continue reading 3 Millennial Health Conditions on the Rise
This chronic disease is the seventh-leading cause of death in the U.S. and the number one cause of kidney failure, lower-limb amputations and adult-onset blindness. Good News - it is preventable
Each year, the Kaiser Family Foundation and the Health Research & Educational Trust conduct a survey to examine employer-sponsored health benefit trends such as annual deductibles, plan enrollment, and health and wellness programs. The 2018 edition of this survey has been released, and it discusses a lot, including how health care costs continue to rise. … Continue reading Health Care Costs Still Rising, According to Annual Survey
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable. Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before Oct. 15, 2018—the … Continue reading Medicare Part D Notices Are Due Before Oct. 15
At his swearing-in ceremony, new Secretary of the Department of Health and Human Services, Alex Azar, stated that bringing the price of prescription drugs down and tackling the opioid crisis are two topics he will focus on. While there are no specifics on how he and President Donald Trump plan to do this, we will … Continue reading DID YOU KNOW?
Health insurer Cigna Corp. announced today, March 8, 2018, that it would purchase Express Scripts Holding Co., a pharmacy benefits manager (PBM) for $67 billion in cash and stock, including $15 billion assumed for Express Scripts’ debt. This announcement is the latest in a trend of merging health care companies and follows the December 2017 … Continue reading Cigna to Buy Express Scripts in $67 Billion Deal