The Challenge The medical prescription spend for a western Pennsylvania university was spiraling out of control. The per employee per month (PEPM) drug cost for specialty medications accounted for nearly 50% of the total medical/Rx claim cost. In 2020, the university faced a high double-digit increase from their benefits provider with no programs to mitigate … Continued
by Chris Shipley, Vice President, Employee Benefits Today’s employees want more freedom to choose a benefits package-including medical- that meets their individual and family health and lifestyle needs. Employers, especially in today’s economy, desire programs that reduce costs, offer more control and predictability, and simplify administration. Bridging these seemingly opposite needs is a new … Continued
Over the past several months our team of experts from across our business units have been delivering thought leadership to clients. The Henderson Brothers Property & Casualty, Employee Benefits, and HB Retirement teams have been collaborating on this Expert Update – COVID 19 document which provides concise information relative to the impact of COVID-19 and … Continued
By Chris Shipley, Vice President and Director of Emerging Markets I would bet that I see at least 2-3 articles a week about the strength of the economy and how it is creating a difficult job market for attracting and retaining quality employees. Additionally, I probably talk to at least one business each week that … Continued
In late December 2017, the judge in the AARP vs. EEOC case ordered that the wellness plan incentive rules contained in the Equal Employment Opportunity Commission (EEOC) regulations to be vacated beginning January 1, 2019. The EEOC had an opportunity to draft new rules during the spring and summer of last year, yet we were … Continued
