According to a study from the Task Force on Low-Value Care, health care consumers are sinking $25 billion a year on low-value procedures that are often not even needed.

Drugmakers said in prepared remarks that insurers, pharmacy-benefit managers and hospitals, among others, keep a large chunk of the money Americans spend on medicine and dont pass on savings to patients.

The American Benefits Council has asked the administration to think about the small employers when it takes steps, such as ending Affordable Care Act cost-sharing reduction subsidy payments in the middle of the year.

While auto features in retirement plans have proved helpful in boosting both participation and savings rates, a new study indicates that they could be a lot more impactful if savings rates were set higher.