Not a Member? Get access to HR news and resources that you can trust.
HR professionals share their advice for minimizing worker stress and boosting retention.
Is your employee handbook ready for the changing world of work? With SHRM’s Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Virtual SHRM-CP/SHRM-SCP Certification Prep Seminars kick off September 12 and fill up fast!
Expand your influence and learn how to become an effective leader. Join us in Phoenix, AZ | OCTOBER 2 - 4, 2017
Although the vast majority of U.S. employers (88 percent) still rely on traditional plan designs (co-pays and co-insurance) to manage prescription drug costs, many are ready to focus on new and novel approaches. That’s the chief takeaway found by the Midwest Business Group on Health (MBGH), a nonprofit business coalition, in its fourth annual
Employer Survey on Specialty Drug Management.
The survey, fielded from December 2014 through February 2015, found that:
*68 percent of employers are considering
using a narrow network to manage employees’ health care, while less than 10 percent currently offer one.
“These results are an encouraging sign that employers are ready to think proactively about their cost-management options,” said Cheryl Larson, MBGH vice president, in a news release. “It is also a reminder of the impacts cost-shifting can have on employees and family members, yet most employers don’t feel they have a choice.”
Stephen Miller, CEBS, is an online editor/manager for SHRM.
Follow Me on Twitter
Related SHRM Articles:
Compensation & Benefits e-Newsletter:
To subscribe to SHRM's Compensation & Benefits e-newsletter, click below.
Sign Up Now
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Your session has expired. Please log in again before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Eye Care: A Visible Contribution to a More Secure Retirement
Choose from dozens of free webcasts on the most timely HR topics.
SHRM’s HR Vendor Directory contains over 3,200 companies
[/_catalogs/masterpage/SHRMCore/Main.master][Title][SHRM Online - Society for Human Resource Management]