Corporate pharmacy spending is projected to increase by 10% to 12% in 2024. To address these rising costs, HR teams need to expand their benefits budgets and implement strategies to control employee pharmacy spending, all while promoting employee health. #HRStrategy #EmployeeWellbeing #FutureOfWork #HRCommunity #HRTech #HR #InsuranceBroker #HealthInsurance #BusinessInsurance #InsuranceTech #healthcare
myDrugCosts’ Post
More Relevant Posts
-
📈 How much will rising healthcare and pharmacy costs impact employee benefits in 2025? I've been hearing that HR leaders are bracing for the bite of higher healthcare costs in 2025. From my conversations, it's clear that insurance and pharmacy costs are a big concern, and I’m curious how that’s playing out across HR benefits. With both employers and employees feeling the pinch, it’s a significant challenge to understand. 💊 HR leaders are adjusting their priorities to get ahead of the costs. This includes shifting budgets to cover cost increases, providing financial wellness resources, or fostering an open dialogue about these challenges so more employees know their choices to keep healthcare and pharmacy costs affordable. It’s a challenging issue as we head into 2025, and I look forward to conversations about new strategies HR leaders can use to stay ahead of the problem. 👋 I’m digging in to understand the challenges of rising health and pharmacy costs. I’d love to chat to hear your experience and ideas. #EmployeeWellbeing #HealthcareCosts #FinancialHealth #WorkplaceSupport #HRInsights
To view or add a comment, sign in
-
Health care costs, vendor accountability and implications of the 2024 election are among the trends to watch in 2025 according to Business Group on Health https://ow.ly/1BuM50Un9CP #employeebenfits #healthcare #healthinsurance #HR #employer #employeelaw
To view or add a comment, sign in
-
📢 Discover why a good group medical aid scheme is essential for your company! From attracting top talent to boosting employee satisfaction and retention, our latest article highlights the key benefits of investing in comprehensive health coverage💙 Read more to find out why this is a must-have for your business! 👇 https://lnkd.in/dPK4vCvF #EmployeeBenefits #MedicalAid #BusinessSuccess #Medicalaidcom
To view or add a comment, sign in
-
By cutting waste and abuse in healthcare spending, we help companies save big 💰 ...while simultaneously improving employee satisfaction. 👏 You CAN fix this for your company and employees, and we can help! twilliford@hiallc.com 972-369-3665 #ceo #cfo #hr #humanresources #healthinsurance #health #medical #medicalinsurance #employeebenefits #benefits #groupbenefits
To view or add a comment, sign in
-
The Rising Costs of Healthcare: BizPower Benefits can help businesses manage these costs effectively. By offering tailored health and wellness solutions, we ensure 100% compliance and tax savings without affecting employee pay. Visit our website to Learn More. Comment if you find this useful! #payrolltaxsavings #employeebenefits
To view or add a comment, sign in
-
We offer strategies to reduce Medicare-eligible-employee-costs for employers 💰. We improve employee satisfaction through Medicare education 📚 that shines the light on lower employee cost options and improved ⏫ health benefits off the employer's group plan. Let's partner together! 🤝 #Medicare #EmployeeBenefits #CostReduction #EmployerSolutions #HealthBenefits #EmployeeSatisfaction #MedicareEducation #HealthcareSavings #BusinessStrategy #Partnerships #WorkplaceWellness
To view or add a comment, sign in
-
Empower employees to make informed decisions that reduce employer spending and increase their savings by adding our health app to your or your clients' healthcare benefits. #HRStrategy #EmployeeWellbeing #FutureOfWork #HRCommunity #HRTech #HR #InsuranceBroker #HealthInsurance #BusinessInsurance #InsuranceTech
To view or add a comment, sign in
-
Research shows, more view Health Savings Accounts as investment accounts than actually use them this way https://ow.ly/K0uQ50RqKxm Employee Benefit Research Institute #employeebenefits #HSA #HR #employer #healthcare #healthinsurance
To view or add a comment, sign in
-
Taking things personally is what we do best. At The People Company, we not only deliver personalised employee solutions but are fully engaged in every step of your journey. How can we add to your journey in employee benefits and healthcare? 👇 buff.ly/3TKVSF9 #employeebenefits #healthcare #employeesolutions #financialservices #financialsolutions
To view or add a comment, sign in
-
Did you know? Over 70% of routine healthcare expenses come from outpatient visits, yet many policies overlook this critical need. Including OPD coverage in your HR policy isn't just a benefit—it's a statement of care. Empower your workforce, reduce absenteeism, and foster a culture of well-being with smarter employee benefits. What’s your take - should OPD coverage be a standard part of employee benefits? Share your thoughts, how does your organization address outpatient care for employees?👇 #EmployeeWellness #HRPolicies #OPDCoverage #FutureOfWork
To view or add a comment, sign in
567 followers