Sign In
Sign In
CMS also intends to cut drug spending by letting individual, small group and large group insurers to change prescription drug formularies in midyear to encourage members to use lower-cost generics.
Recommended Stories
High drug prices: Why 9 million Americans are not taking medications as prescribed
More than 8% of Americans (aged 18 to 64) have skipped, delayed or reduced the amount of prescribed medication because of cost concerns, according to the CDC.
Merck sues HHS and CMS, calling plan to negotiate drug prices ‘extortion’
In a lawsuit filed Tuesday, Merck becomes the first major drugmaker to challenge Biden’s Inflation Reduction Act, which it says “violates the Constitution” by allowing the government to unilaterally impose its preferred price.
Plan sponsors prioritize affordability as they look ahead to 2024 health care benefits
“Looking ahead to 2024, it seems likely that employers will be challenged to absorb higher health care cost increases,” said Beth Umland, director of health research for Mercer.
Resource Center
eBook
Sponsored by Grail
Closing The Cancer Gap: Health Inequities And How Employers Can Help
Cancer prevention, diagnosis, and treatment outcomes remain stubbornly dire for underserved and hard-to-reach populations. But employers are in a powerful position to address the health inequities and social determinants that shape those statistics. Download this eBook to learn strategies to affect meaningful change in employee health.
Infographic
Sponsored by ArmadaCare
Plan changes are inevitable. And changes can often lead to unhappy clients. Download this infographic and learn how to mitigate those unwanted changes now without breaking the bank.
White Paper
Sponsored by Peppy Health Corporation
6 Steps to Support Colleagues Going Through Menopause
Download this white paper and learn about a high-impact tool to improve your employees’ health and well-being; helping your organization become a destination employer.
BenefitsPRO
Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!
- Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
- Exclusive discounts on BenefitsPRO.com and ALM events.
Copyright © 2023 ALM Global, LLC. All Rights Reserved.