Retirees this year received a record-high 8.7% cost-of-living adjustment in their benefits – the largest increase in four decades – however, next year may be less than half that percentage due to inflation, according to a new estimate.

The introduction of a Medicare X public option would affect provider payment rates for 12.3% of the population, or 41.8 million people.

Insulin and pharmacy benefit management company executives testified before the Senate Health, Education, Labor and Pensions Committee this week in Washington in preparation for a vote on PBM legislation.

Monster's data also reveals their insights about career growth, salary expectations, flexibility, and DE&I.