Morgan Health的动态

U.S. employers expect health insurance costs to rise by an average of 5.8% in 2025, according to a new survey released by Mercer. It is projected to be the third consecutive year in which healthcare costs for employers rise by more than 5% after averaging 3% during the decade prior. The report’s analysis concludes rising costs are largely due to increased cost of medical services as well as higher use. More than 53% of employers plan on cost-management changes in 2025, including implementing initiatives and strategies to reduce utilization by plan members with expensive and chronic conditions. https://lnkd.in/gheQDXPY

Drug price increases have caused employee health insurance costs to spike this year, with an increase of 5.2%. This is a serious issue that will affect businesses and their employees, since the costs of providing health insurance may be too high for some to handle. Employers should be taking steps to keep health costs down - by switching to generics, engaging in value-based contracting with drug companies, and encouraging employees to use preventive care. It's important to stay informed on the latest health insurance trends and proactively look for solutions. #EmployeeHealthcare #MedicationPrices #HealthInsurance

?? **Navigating Rising Health Insurance Costs** ?? As we face increasing health insurance premiums, it’s more important than ever for organizations to focus on managing both utilization and prescription (Rx) costs. Rising costs can strain budgets, but strategic management can make a significant difference. Here are a few key strategies: 1. **Data-Driven Insights**: Utilize analytics to understand utilization patterns and identify areas for improvement. 2. **Preventive Care**: Encourage employees to engage in preventive health measures to reduce long-term costs. 3. **Rx Management**: Implement programs to manage prescription drug costs, such as generics and therapeutic alternatives. By prioritizing these areas, we can not only control costs but also enhance employee well-being. Let’s work together to create a sustainable health benefits strategy! #HealthInsurance #CostManagement #EmployeeWellbeing #HealthcareStrategy #NFP #Aon #employeebenefits

(REUTERS) - " Employers Face Average 5.8% Jump In Their Health Insurance Costs Next Year." The higher-than-usual spike is driven primarily by higher use of medical care by employees, increasing costs that providers charge for their services, and pricey drugs like weight loss GLP-1 medications. Finally AFFORDABLE Health Insurance Plans At: HI4E.org #EmployerHealthInsuranceRateIncreases #EmployerObamacareRates #EmployerBenefitsPlans #ObamacareRateHikes #ObamacareRateIncreases #ObamacareLawsuits #ObamacareMarketplaces #IndividualMarketplaces #ObamacareHigherDeductibles #ObamacareMoreLimitedProviderNetworks #HealthcareCosts #BidenHealthcare #RisingHealthcareCosts #Reuters #HI4E.Org #HealthAndLifeSolutionsLLC #AffordableHealthInsurance #HealthInsuranceCosts #HealthInsuranceForEveryone #ObamacareHealthPremiums #EmployerSponsoredHealthCoverage #EmployeeBenefitsCosts #EmployerHealthPlanExpensesIncreases #ObamacareRates #ObamacareSubsidyPenalties #EmployeeBenefits #EmployeeHealthcareCosts

Increasing health insurance premiums demonstrate why legislative action is needed to address underlying costs We need to address the underlying costs of healthcare. Solutions like setting or capping rates for drugs and medical services, limiting harmful consolidations, and mitigating effects of existing consolidations are key to long term system healthcare transformation, the Economic Opportunity Institute's Sam Hatzenbeler writes.? https://lnkd.in/gZvUDmZ9

Updated PCORI Fees Due by July 31, 2024 ? Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2024 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute (PCORI). ? Further Consolidated Appropriations Act, 2020, extended to plan years ending on or before September 30, 2029 ? The amount of PCORI fees due by employer sponsors and insurers is based upon the number of covered lives under each “applicable self-insured health plan” and “specified health insurance policy” (as defined by regulations) and the plan or policy year end date.?This year, employers will pay the fee for plan years ending in 2023. ? ·????????For plan years that ended between January 1, 2023 and September 31, 2023, the fee is $3.00 per covered life and is due by July 31, 2024 ·????????For plans years that ended between October 1, 2023 and December 31, 2023, the fee is $3.22 per covered life and is due by July 31, 2024 ? NOTE: The insurance carrier is responsible for paying the PCORI fee on behalf of a fully insured plan.?The employer is responsible for paying the fee on behalf of a self-insured plan, including an HRA.?In general, health FSAs are not subject to the PCORI fee. ? Source: https://lnkd.in/e6nuQgxT

As Healthcare and Prescription price transparency continues to be hot topics in todays health insurance markets, PrimeGroup Insurance advocates to bringing education and information to our employer groups so they are better prepared for market trends, renewal options, and overall value to an ever changing insurance climate. Take 3 minutes to read this interesting piece on how the Transparency In Coverage (TIC) rule is helping employer partners plan for budgeting and planning for costs associated with todays health insurance plan options. Want more helpful information on employee benefit plans and unique ways to help save time, money, and man hour management? Reach out to me, Ken Rose for a no obligation consultation and experience why PrimeGroup Insurance is NOT your average insurance agency. #Primegroupinsurance #employeebenefits #notyouraverageinsuranceagency #healthinsurance #insurancesolutions #yourbeardedbenefitsbroker #selfinsurance #levelfundedplans

U.S. Employers Anticipate Nearly 6% Health Insurance Cost Hike in 2025 A recent survey by Mercer reveals that U.S. employers expect health insurance costs to rise by 5.8% in 2025, marking the third consecutive year of increases above 5%. Contributing factors include rising medical service costs, a shortage of healthcare workers, and increased spending on behavioral health and expensive weight loss drugs. Employers are seeking cost-management strategies, with 53% planning changes in 2025 to address high-cost conditions and specialty drug expenses. Smaller employers are expected to see the highest increases, with fully insured plans carrying higher premiums and fewer cost-saving options. We at TexHealth Central Texas forecast a 10-12% increase in premium prices for small businesses based on historical trends and the inflationary pressures we’ve seen over the past 3.5 years. If you are a small employer in Texas needing health insurance premium assistance, please contact us through LinkedIn or email [email protected]. We are currently enrolling new small businesses and eager to assist as many people as possible. To read the full article, check out the link below. https://lnkd.in/gheQDXPY #healthcare #health #healthcoverage #insurance #uninsured #premiumassistance #subsidy #texas #smallbusiness #smallemployer

"How can the government or health insurance companies be involved in designing a system so that our ultimate goal is health, and not just health care?" For our first episode of the Signals From [Space] show, Alice, Lilian, and I sat down with Eugene Lin to learn more about value-based kidney care. This topic continues to be one of the most heavily demanded, debated, and misunderstood areas of kidney care today. For part one, we begin by defining VBC, its key participants and overarching aims. In parts two through seven, we dive into more detail around: ? Balancing costs with patient care ? What do / should patients know about it? ? The role of policy in shaping VBC ? Why physicians should care ? Ensuring equitable access to VBC ? A tale of two VBC paths ? Where does AI fit in? Watch / listen to Ep. 01: https://lnkd.in/equSw-65 Subscribe to get all episodes in your inbox: https://lnkd.in/e_yWPa9F *** We're excited to share more from this insightful conversation with Dr. Lin. This show is all about bringing together different perspectives & experiences, so we'd love to hear from you on these questions: 1. How do you think value-based care can improve CKD & ESKD patient outcomes while controlling healthcare costs? 2. What are the challenges of implementing value-based care models in different healthcare settings? 3. Should patients be more involved in understanding value-based care, and how can providers better communicate its goals to them? 4. How can healthcare systems ensure that value-based care models are designed effectively to achieve the best outcomes? 5. What role should the government and insurance companies play in supporting value-based care innovations?

Remaining Second Quarter Deadlines and Reminders 2024 June 01??-??Submit prescription/medical plan cost reporting to CMS (RxDC) ? PCORI Fees Due by July 31, 2024 Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2024 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute (PCORI). Further Consolidated Appropriations Act, 2020, extended to plan years ending on or before September 30, 2029 The amount of PCORI fees due by employer sponsors and insurers is based upon the number of covered lives under each “applicable self-insured health plan” and “specified health insurance policy” (as defined by regulations) and the plan or policy year end date.?This year, employers will pay the fee for plan years ending in 2023. -?????????For plan years that ended between January 1, 2023 and September 31, 2023, the fee is $3.00 per covered life and is due by July 31, 2024 -?????????For plans years that ended between October 1, 2023 and December 31, 2023, the fee is $3.22 per covered life and is due by July 31, 2024 NOTE: The insurance carrier is responsible for paying the PCORI fee on behalf of a fully insured plan.?The employer is responsible for paying the fee on behalf of a self-insured plan, including an HRA.?In general, most health FSAs are not subject to the PCORI fee. ? Source: https://lnkd.in/e6nuQgxT [irs.gov]