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CVS Urges Cost Controls For New Cholesterol Medications

Citing the concern that eventually 15 million patients at an annual cost of $150 billion of a new class of cholesterol medications, CVS Health warned that the cost of these new medications could overwhelm the U.S. health care system "if rigid cost control mechanisms are not put in place". According to Reuters, CVS negotiates drug pricing for 65 million through contracts with employers and health plans. The concerns around cholesterol medications are closely following criticism regarding the... Read More
Posted by Cristie Travis at Wednesday, February 18, 2015 | 0 comments

Scope of Wellness Programs Growing

MBGH's CEO Culture of Health is growing rapidly with 6 new participants so far in 2015. We are now at 60 participating organizations with over 66,000 employees. Contact Cristie at ctravis@memphisbusinessgroup.org for more information on the complimentary benefits available to you from MBGH. And, here are the survey results from the International Foundation for Employee Benefit Plans (IFEBP) 2015 Worksite Wellness Trends survey. As you will see, having a culture of health at the worksite pays... Read More
Posted by Cristie Travis at Wednesday, February 18, 2015 | 0 comments

Get Intensive Training on Techniques and Skills to Manage Cost and Quality of Your Health Benefits

All Greater Memphis-area and West Tennessee HR and Benefit professionals are invited to attend the College for Value-Based Purchasing at Nissan North America in Franklin, TN on March 31-April 1, 2015. Tuition costs are waived for MBGH dues-paying members and conference sponsors at the Supporter level and above (committed before March 13). For others the tuition for the College is $500. Attendees are responsible for all travel and overnight accommodations and meals not provided by the College.... Read More
Posted by Cristie Travis at Wednesday, February 18, 2015 | 0 comments

What the Anthem Breach Means to Employer Health Plan Sponsors

Thank you to the National Business Coalition on Health for sharing this Advisory with MBGH Advisory Information from the law firm Davis Wright Tremaine LLP 02.09.15 By Adam H. Greene, Sarah L. Bhagwandin, Sean B. Hoar, Christin S. McMeley, Dipa N. Sudra, Rebecca L. Williams, and Anna C. Watterson  NOTE: Even if you do not contract with Anthem, this is a great case study on your obligations and considerations if a breach ever occurs for you! On Feb. 4, 2015, Anthem announced a data... Read More
Posted by Cristie Travis at Wednesday, February 18, 2015 | 0 comments


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