Michigan Small Business Health Plans Will Cost 7.1% More on Average for 2024

Michigan Small Business Health Plans Will Cost 7.1% More on Average for 2024

Michigan small businesses will pay an average of 7.1% more for their employees’ health coverage in 2024, under rate proposals approved by state regulators. The statewide average increase affects 12 insurance companies that participate in Michigan’s small group market for employers with 50 or fewer employees. The rate increases approved by the Michigan Department of …

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Mike Jacobson: Exploring Healthcare Cost Reduction

Mike Jacobson: Exploring Healthcare Cost Reduction

Last week, I made you aware of the issues facing the property and casualty insurance industry and the real impact those issues are having on the voters of the 42nd District. This also includes the many insurance agents who work every day to help their clients stay insured and at the best possible rates. This …

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Cost of popular new weight-loss drugs could bankrupt some companies, Blackstone chief warns

Cost of popular new weight-loss drugs could bankrupt some companies, Blackstone chief warns

At a health care conference, executives debated whether employers should pay for workers’ weight-loss drugs. A Blackstone executive warned that expensive GLP-1 drugs could put some employers out of business. Panelists agreed that companies covering drugs should do so as part of a broader support program. Loading Something is loading. Thanks for recording! Access your …

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