We’ve been tracking the data for more than five years now and the answer may surprise you. So, do qualifying high deductible health plans (HDHPs) save employers money? Contrary to popular opinion, the answer is basically, “no.” (more…)
Through our annual employer data collection, we’ve caught onto many fascinating — and often alarming — trends. The most recent trend to astound us? Growth in rebate spend. (more…)
As you might have imagined, employees are spending more of their household income on health care services and coverage. (more…)
Are more prescription drugs better or worse? And how many are too many or too few? These are difficult questions for most health plan sponsors to answer. One thing is clear: there is significant variation between the usage levels from one group to another. (more…)
How well is your PPO network performing?
If we’re talking breadth of access and depth of discounts ― it probably looks pretty good! As far as helping you secure lower costs than their competitors ― it’s probably not making a big difference. (more…)
Specialty drug per employee cost trend refers to the change in specialty drug spend per employee from 2017 to 2018 for each company in our database. While the average increase of 11% is right in line with benchmarks, the year-to-year price movement for each company is all over the board. Only 15% of the groups in our database had a trend rate between 10% and 15%. (more…)