Mercer Exec: Employers Are Extremely Concerned About Cost
Cancer and pharmacy services are driving up costs for employers. One Mercer exec recently laid out several recommendations for employers to manage these costs.
Employers’ Healthcare Costs Expected To Rise 8.5% in 2024
Employers' healthcare costs are anticipated to rise by 8.5% in 2024, according to Aon. The projected increase is nearly twice the 4.5% increase that employers saw from 2022 to 2023. Inflation is a major factor for the increase.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Carrum Health Secures $45M To Expand Cancer Care Offerings for Employers
Carrum Health's $45 million funding round was led by OMERS Growth Equity and included participation from Revelation Partners, Tiger Global, Wildcat Venture Partners, Cross Creek and SpringRock Ventures. It brings the company’s total financing to about $96 million.
Health Vendors Will Face More Pressure To Prove Medical Cost Reduction in 2023, Experts Say
As a possible recession looms, the unemployment rate will likely rise, meaning employers won’t have to work as hard to find workers. Therefore, they’ll likely be cutting down on the digital health companies they work with, and tech vendors will really have to prove their worth in reducing costs, one expert says.
Mercer: Employers Expect Health Benefit Costs to Rise 5.4% in 2023
Health benefit costs increased 3.2% in 2022, but employers are expecting costs to jump even higher in 2023, a Mercer report showed. Employers' top priorities right now are providing benefits that attract and retain employees and boosting mental health support.
A majority of large employers want to expand Medicare, survey says
A recent survey from the National Business Group on Health found that among large employers, 55 percent were in favor of expanding Medicare.
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A Personalized Approach to Medication Nonadherence
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.