Employee Benefits News & Trends | October 7th
News & Trends
- Federal government enters shutdown, virtual care programs expire
Affordable Care Act subsidies remain a sticking point, though Senate Minority Leader Chuck Schumer said the president appeared more amenable to a compromise than other Republicans after hearing more about how delaying an extension would hit enrollees' premiums. Read more. - How Much More Would People Pay in Premiums if the ACA's Enhanced Premium Tax Credits Expire? | KFF
See a new calculator updated to reflect required contribution caps released by the IRS for 2026 and updated federal poverty guidelines. Read more. - Confusion among older adults before Medicare open enrollment: 9 things to know | Payer News
As the Medicare annual open enrollment period kicks off this month, some older adults struggle with choosing a plan. Three-quarters of beneficiaries said the process is confusing, according to an Oct. 1 eHealth poll. Read more. - White House announces new prescription drug website, TrumpRx
The White House announced it was rolling out a direct-to-consumer website where individuals can buy prescription medications at discounted prices rather than through insurance. The new website, called TrumpRx, was unveiled as part of the Trump administration's broader effort to implement a “most favored nation” (MFN) pricing model for prescription drugs. Read more.
Employee Shareable Content
- Knowing where to go for care can save time, money
Some providers and insurance carriers have telehealth options, which means you can see a doctor using your phone, tablet, or PC. Many can refill and prescribe medications and help determine if you may need to go to an urgent care center or emergency room. Read more. - Costco partners with Novo Nordisk for half-price Wegovy, Ozempic drugs | Fox Business
Costco’s latest perk could help shrink members’ waistlines while having less of an impact on their wallets. The big-box retailer is partnering with Novo Nordisk to give members access to popular GLP-1 medications such as Wegovy and Ozempic at half price. Read more.
HR Events