Managing an Increase in Pharmaceutical Spending on Specialty Drugs
A recent report by Vizient expects that hospitals will see a nearly 3.5% increase in pharmaceutical spending next year. Much of this increase can be attributed to medications for diabetes…
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Medicare Begins Historic Price Negotiations for Popular Medications
For the first time in its nearly 60-year history, Medicare began negotiating prices for ten widely prescribed drugs. Negotiations began in September 2023, and are a direct response to the…
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Insurer Considerations Becoming Crucial Amid Wearable Technology Growth
Wearable technology has become a staple in many American households over the past few years. Fitness trackers are especially popular among individuals looking to monitor their basic vital signs and…
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Optimize Your Health Plan’s Provider Network With Our Comprehensive Guide
A high-performing provider network is essential for a successful health plan. It can help you attract and retain members, improve quality outcomes, reduce costs, and bolster financial performance. However, moving…
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How Insurers Can Minimize Effects of Unexpected Medication Shortages
Many companies (including but not limited to health care organizations) experienced the negative effects of supply chain shortages during the COVID-19 pandemic. However, there are other reasons for such supply…
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Out-of-network: What Does it Really Mean for Members?
Most people who have health insurance are at least somewhat familiar with the term 'out-of-network.' Those who work in the health insurance industry likely explain this concept to members often.…
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