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
-
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
-
📈 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
-
Employee Benefits Consultant at USI Insurance Services | Advising on Capital-Efficient Insurance and Benefit Planning
USI's 2025 Employee Benefits Market Outlook Report has been released. Organizations are encountering several challenges that will affect employee benefits operations and budgeting in 2025. Topics covered in the report: -The future of U.S. healthcare and benefits compliance -How AI is transforming HR -Trends driving pharmacy costs -Strategies to manage health plan spending Click the link to access the full report: https://lnkd.in/eHuCJwhj #USIOneAdvantage #EmployeeBenefits
-
Optimizing employee benefits | Privileged to serve others | Seeking leaders ready to fix healthcare and drive real change
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
-
-
📢 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
-
-
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
-
-
Helping Companies with 10+ W2 Employees implement a 100% Compliant Bolt-On Employee Wellness Plan that saves thousands of dollars in payroll taxes. No cost to the business and no change in employees' take-home pay.
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
-
-
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
-
-
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
-
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
-
