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The New Healthcare Landscape: Policy Shifts in the Post-Election Era and Their Impact on Employee Benefits

Viewpoints by Craig Hasday Healthcare got little campaign attention primarily because both parties agree: healthcare is too expensive. Since there are no clear answers, two main themes emerged on both sides. First, there was unanimous agreement that pharmaceutical costs are too high and, second, there is not enough transparency in our current system. Healthcare remains an important topic for Americans and one that all candidates would include as a top priority. As with every change in administration, we expect there to be impact to the employee benefits landscape. Unique to this administration, however, we can take a back look at …

https://www.epicbrokers.com/insights/the-new-healthcare-landscape-post-election-era/

Vaccine Costs Aren’t Likely to Break the Banks of Corporate Health Plan Sponsors

… the U.S. federal government has purchased 100 million doses each of the Moderna and Pfizer/BioNTech vaccines, to start being delivered in December, and has an option to acquire 500 million more Pfizer/BioNTech doses. Current vaccines all require two doses to be effective, with a lag of 3-4 weeks between injections. The U.S. government intends to distribute these vaccines, along with equipment, to private physicians, pharmacies, clinics, and purpose-built sites and has stated that they will not charge for the vaccines, equipment, or shipping. Viewpoints from Craig Hasday My colleague, Patrick Gallagher, has been researching

https://www.epicbrokers.com/insights/vaccine-costs-arent-likely-to-break-the-banks-of-corporate-health-plan-sponsors/

2021 Healthcare Cost Trends Are Rising

The EPIC actuarial team and many others have projected 2020 employer-based medical cost trends to be relatively unscathed by the COVID-19 pandemic. However, we highlighted the potential bounce-back of costs due to deferred medical care. While we haven’t been as specific with 2021, trends are starting to emerge. For more of our coronavirus coverage, visit epicbrokers.com/coronavirus  Viewpoints from Craig Hasday A recent PwC report expects costs to rise by 4% to 10% in 2021, a sharp increase from recent years. The survey points to mental health utilization and specialty drugs as two big drivers …

https://www.epicbrokers.com/insights/2021-healthcare-cost-trends-are-rising/