A recent study run by the National Board of Economic Research (NBER) suggests that a relatively minor increase in drug costs – $10 per prescription – can lead to a 33% increase in mortality.
COBRA - Employer Steps to Take
Likely the single greatest regulation impacting employer-sponsored health plans is a provision which will provide for a 100% subsidy of COBRA premiums from now until September 30, 2021. COBRA applies to firms with 20 or more workers. When the qualifying event is termination of employment, individuals are eligible for up to 18 months of COBRA continuation coverage.
American Rescue Plan Act: Employer Update
March is Medication Safety Month
Free COBRA and Other Items in the Stimulus Package
Over the weekend the Senate narrowly voted to pass the latest $1.9T Covid-19 relief bill, titled American Rescue Plan Act of 2021. The House is anticipated to vote and pass the bill as soon as this Tuesday (March 9th) before heading to President Biden’s desk for signature. The bill contains several health insurance-related provisions that are likely to become law in the coming days.
Client Feature: Otaku Ramen
The pandemic has been particularly hard on the restaurant industry and its workforce. That's why many are sharing experiences and making efforts to explore mental health and wellness initiatives.
Sarah Gavigan, chef and owner of Otaku Ra men in Nashville, detailed some of what she has been doing for her staff to promote more daily health.
COVID Confessions: Restaurant Workers
Schaefer Autobody: How a Health Plan Tune-Up Led to $0 Deductibles
Faced once again with an increase in health plan costs, Schaefer Autobody knew they needed a change. They had grown more and more frustrated with their inability to control their healthcare spend and continue to provide great benefits to their team. Another 9% increase, despite two years of declining healthcare expenditures, just wasn’t going to cut it.
