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Shifting prescription drug and other medical costs to employees is an ineffective means of cutting health care expenditures, and it often discourages employees from seeking treatment essential to health-related productivity, two recently published reports have asserted. Deceleration In Health Care Cost Increases Predicted For 2008 Health care cost increases will continue to outpace inflation in 2008, but they should rise at lower rates than in recent years due to factors such as slower spending growth for prescription drugs, increased transparency and cost sharing with employees, improved IT infrastructure, and a more holistic approach to health management, a study published by PricewaterhouseCoopers (PwC) concluded. Workers And Employers Split On FMLA Following a request for comments about the Family and Medical Leave Act of 1993 (FMLA), the Employment Standards Administration/Wage and Hour Division of the U.S. Department of Labor (DOL) has released a report summarizing some of the positive and negative experiences workers and employers have had with the law. Health Plan Terminology Confuses Many Workers Understanding their health care benefits is a struggle for a large percentage of U.S. employees, according to a study by human resources consultancy Watson Wyatt. |
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