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| Focus on Health Plan Design, Paying Off |
| BenefitNews.com 9/25/07 |
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| Health Care costs are projected to rise more in 2008 than they did this year, but some employers are making progress with cost containment strategies, according to two studies released by Hewitt Associates and Towers Perrin. Average health care inflation was 5.3% this year, down from 7.9% in 2006. However, Hewitt projects an 8.7% average increase for employers in 2008. (PDF) |
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| Generic Drugs Rein in Rising RX Costs |
| BenefitNews.com 9/18/07 |
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| Generic drugs may be an employer's first line of defense in reducing prescription drug costs, according to experts at the Benefits Management Forum & Expo. For example, Virginia based Landmark Communications reduced its 2006 copayments for generic drugs from $10 to $5 for retail purchases. The media company ended up saving $500,000 and reduced double-digit pharmacy trends to 3.7%. (PDF) |
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