Employer-Paid

CVS Health, the parent of Aetna, likes its employer health plan business but is taking a tough approach to pricing, a company executive said Friday.

Most employees said health plans should cover GLP-1 medications, with 64% saying they should and 12% saying they should not.

HSAs accounted for nearly 18% of total commercial health plan enrollment in 2024, including group health plans and individual health insurance.

Employers need to be aware of the increased limit on catch-up contributions on older participants, as well as DOL’s new policy on transferring benefit payments on missing participants and uncashed checks of $1,000 or less.

As a benefits advisor, this is your moment to lead: Help your clients dig into the data, identify benefit gaps and create renewal strategies that drive satisfaction, retention and ROI.

Rising health care costs, the aging of the union workforce, and the escalating burden of chronic disease are placing unprecedented pressure on the financial and operational health of union benefit funds.