Final Rule Expands Options For HRAs
On June 13, 2019, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) issued a final rule that expands the usability of health reimbursement arrangements (HRAs). Effective in 2020, the final rule establishes two new types of...
Cigna to Buy Express Scripts in $67 Billion Deal
Health insurer Cigna Corp. announced today, March 8, 2018, that it would purchase Express Scripts Holding Co., a pharmacy benefits manager (PBM) for $67 billion in cash and stock, including $15 billion assumed for Express Scripts’ debt. This announcement is the latest...
New HHS Secretary is Focused on Opioid Crisis, You Should Be Too
A recent study by the National Business Group on Health (NBGH) revealed that 80 percent of large employers are concerned about employees’ abuse of prescription opioids. The government is concerned, too. With about 91 Americans dying from a prescription opioid overdose...