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Founder of ‘Moneyball for health benefits’ says employee plans unsustainable

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David Keelaghan | 18 Nov 2016, 08:15 AM Agree 0
Analytics firm calls for action on drug costs that are becoming out of reach for many employers
  • Bruce | 21 Nov 2016, 03:39 PM Agree 0
    not sure where the idea comes from that insurance companies and plan advisors are not fans of managing drug costs.
    anything that keeps plans in place is preferable to cancelling plans outright. and by the way, Stop loss protects employers from claims over (usually) $10,000 so it doesn't matter if a drug claim is $10,001 or $100,000, it makes no difference to the employer, unless they want that risk themselves, which seems to be the case with Mike's example. And what is the point of the article? That plans are unsustainable? thanks, no options or suggestions?
    there are plan maximums, there are Provincial plan formularies, mandatory (in Ontario) application to Trillium? Small to medium employers have options now. and by the way, there's a lot more to group benefits than drugs, and don't forget the effective use of the tax laws.
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