Spread pricing is a practice commonly associated with pharmacy benefit managers (PBMs) in the healthcare industry. It refers to the difference between what a PBM charges a health plan sponsor (such as an employer or insurer) for pharmacy services and what the PBM reimburses pharmacies for dispensing medications to patients. Here’s how spread pricing typically […]
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In the ever-evolving landscape of employee health benefits, employers are constantly seeking innovative solutions to provide comprehensive and affordable coverage while aligning with their financial goals. Among the emerging options, Individual Coverage Health Reimbursement Accounts (ICHRAs) and Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) have gained significant traction. ICHRA vs QSEHRA: A Comparative Overview While […]
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Mobile technology has revolutionized how we live and work—and the human resources (HR) industry is no exception. In recent years, there has been a growing trend towards mobile HR, with more and more organizations adopting mobile apps and solutions to manage their Future of Employee Benefits. There are a number of reasons for this trend. […]
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