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Ontario reviewing impact of preferred pharmacy networks on plan members’ costs, accessibility

lbailey — Fri, 06 Sep 2024 13:00:42 +0000

Ontario’s Ministry of Health is consulting on the role of preferred pharmacy networks in the province’s employer-sponsored drug insurance sector to determine how these agreements impact plan members’ costs, choice, accessibility and access to medicine and quality of care. In its draft consultation paper, the ministry said a common concern among consumers is when PPNs are closed and […]

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Average cost of U.S. health benefits per employee rose 5.2% in 2023: survey

Sadie Janes — Wed, 29 Nov 2023 14:00:32 +0000

The average per-employee cost of U.S. employer-sponsored health benefits has risen by 5.2 per cent in 2023 to reach US$15,797, according to a new survey by Mercer. The survey, which polled more than 1,900 U.S. employers, found cost increases were highest for employers with 50 to 499 employees (7.8 per cent on average) and these […]

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2023 Mental Health Summit: Integrated disability management programs can shorten leave duration

bwolfe — Wed, 29 Nov 2023 12:57:37 +0000

In the face of soaring mental health-related disability leaves and broader challenges with access to mental-health care, integrated disability management programs that include early intervention, accommodations and return-to-work supports can help shorten leave durations. “Having an effective disability management program not only prevents and mitigates the impact of disability leaves on an organization, but it […]

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U.S. employers’ health benefits costs projected to increase 8.5% in 2024: survey

lbailey — Thu, 31 Aug 2023 13:00:51 +0000

U.S. employers are expecting health benefits costs to increase by an average of 8.5 per cent to more than $15,000 per employee in 2024, according to a new survey by Aon. The survey, which polled 800 U.S. employers, found the projected increase is nearly double the budgeted amount that employers experienced from 2022 to 2023 (4.5 per cent). […]

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Sounding Board: How employers can better support employees with rare diseases

bwolfe — Tue, 08 Nov 2022 14:00:31 +0000

Imagine that a few pills a day could transform an employee’s life — that they could get back to work, perform better, have fewer sick days, be more present and avoid continuously deteriorating health. Now, what if this life-changing medicine is for a rare disease that isn’t covered under the employee’s benefits plan because of […]

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U.S. employee benefits costs projected to increase 6.5% in 2023: report

Sadie Janes — Wed, 24 Aug 2022 13:00:24 +0000

Average benefits costs for U.S. employers will increase 6.5 per cent — or more than $13,800 per employee — in 2023, according to a new report by Aon. This projection is more than double the three per cent increase to health-care budgets from 2021 to 2022, but below the 9.1 inflation figure reported through the consumer price […]

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Cost of U.S. employer benefits rising 5% in 2022, finds survey

bwolfe — Wed, 20 Oct 2021 19:00:59 +0000

The cost of employer-provided health benefits in the U.S. is expected to increase by an average of five per cent in 2022 to more than US$13,000 per employee, according to a new survey by Aon. The survey, based on information from a database of more than 700 U.S. employers, found that, in 2021, budgeted health-care […]

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U.S. employers expecting health benefits costs to rise 4.7% in 2022: survey

bwolfe — Fri, 15 Oct 2021 19:00:56 +0000

Employers in the U.S. expect health benefits costs to rise 4.7 per cent on average in 2022 compared to 2021, according to a new survey from Mercer. The survey, based on more than 1,500 employer responses, found fewer employers than usual (38 per cent) are using cost-savings measures — such as raising deductibles or co-pays […]

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