Compdata Surveys & Consulting Blog

Hospitality Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Oct 2, 2012 3:17:57 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to hospitality employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Prescription Costs, Benefit News, News, Hospitality, Medical Insurance

Banking & Finance Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Sep 17, 2012 3:43:07 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to banking and finance employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Banking & Finance, Prescription Costs, Benefit News, News, Medical Insurance

Not-For-Profit Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Sep 6, 2012 3:16:45 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to not-for-profit employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Prescription Costs, Benefit News, News, Not-for-profit, Medical Insurance

Prescription Co-pay Amounts Fluctuate for Healthcare Employees

Posted by Amy Kaminski on Aug 29, 2012 3:18:50 AM

Healthcare reform has been a hot topic in recent years, and has caused some significant changes for employers concerning prescription coverage. According to the 2012 Compensation Data Healthcare survey, 97 percent of participating healthcare organizations included prescription co-pays in the employee medical plan. Nearly 98 percent of health maintenance organizations (HMO) include a co-pay while 91 percent of high deductible health plans (HDHP) include a co-pay.

Read More

Topics: dataLink, Prescription Costs, Healthcare

Manufacturing & Distribution Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Aug 23, 2012 3:05:56 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to manufacturing and distribution employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Prescription Costs, Benefit News, News, Manufacturing & Distribution, Medical Insurance

Utilities Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Jul 17, 2012 3:44:46 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to utilities employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Prescription Costs, Utilities, Benefit News, News, Medical Insurance

Services Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Jun 25, 2012 4:29:20 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to services industry employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Prescription Costs, Benefit News, Services, News

Insurance Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Jun 7, 2012 8:24:44 AM

Original Article: Boston.com

Read More

Topics: In the News, Prescription Costs, Benefit News, Insurance, Medical Insurance

Insurance Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Jun 6, 2012 3:00:18 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to insurance industry employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Prescription Costs, Benefit News, News, Insurance, Medical Insurance

Healthcare Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Jun 4, 2012 3:00:56 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to healthcare employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Read More

Topics: Prescription Costs, Benefit News, News, Healthcare, Medical Insurance

Subscribe to Email Updates

Commentary on the latest HR and compensation trends:

  • Quick stats
  • Deep dives
  • Tips you can use