Members-Owners, Business Partners and Advisors: Save Wednesday, June 22, 2022 for us
edHEALTH's annual members'/owners' meeting and reception take place starting at 11:30 a.m. This year, we hope to see you in person.
Look for your invitation with more details to arrive via email soon.
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edHEALTH adds 3 new board members
Early this month, we announced three new members to the edHEALTH LLC Board of Managers and the edHEALTH Insurance Exchange (edHEALTH Captive) Subscribers Advisory Committee.
Joining the boards are (as shown left to right):
Marymichele Delaney, Chief Human Resources Officer at College of the Holy Cross
Melissa Fletcher, CPA, Assistant Vice President for Finance and Controller at Wellesley College
Sam Solomon, Chief Financial Officer and Treasurer at Brandeis University
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On the Rx Front: More breakthroughs, continued increases in prices
Understanding the big picture, and how we all play a role in trying to control costs
Healthcare experts, employers, and consumers alike recognize the significance prescription drugs have in today’s world. Thanks to clinical innovations in the pharmaceutical world, especially when it comes to specialty medications, more people can better manage their health conditions with new medications on the market. In recent years breakthroughs have had a positive impact on people living with chronic medical conditions such as diabetes and other complex medical conditions e.g., rheumatoid arthritis, Crohn’s disease, cancer, and Alzheimer’s disease.
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In the fall of 2021, a Kaiser Family Foundation tracking poll noted that six in 10 adults take at least one prescription, with a quarter of them taking four or more regularly. These prescriptions, while life-changing, also come at a cost—for both the employee and the employer
Since prescription drugs are such an integral part of healthcare, we’ll regularly report on different prescription drug-related topics throughout the year. Today, we review:
- Recent drug cost increases
- Specialty drugs: their costs, usage, and a positive perspective
- Resources to help edHEALTH members’ covered faculty, staff, and their families make the most out of their prescription drug benefits, like the variable copay solution
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edHEALTH member schools: Reviewed your 2021 plan performance yet?
Hopefully so! If not, check your email. This highly personalized report provides detailed information on your school’s pharmacy cost and utilization. Understanding your 2021 plan year-end performance can jumpstart 2023 planning.
We encourage you to review this report with your pharmacy account executive – it’ll be time well spent.
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Communicate to employees about pharmacy benefits year-round. |
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Want ready-made content to share with employees? Here you are! |
It’s important for employers to remind their employees about their savings opportunities or special programs throughout the year, not just at open enrollment. Consider sharing in regular communications, like internal news updates or features on an intranet site.
Here’s some recent “Share It” content edHEALTH developed that can support educating covered employees about prescription drug savings opportunities. Whether you save a copy or pull information from it, it’s beneficial to remind employees how they can make the most of their pharmacy benefits.
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In the news: Interesting reads about healthcare trends among the generations
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Looking at trends or preferences among the different generations in our workplace can be insightful. Here are a few health-related articles about millennials and other generations that you may find interesting:
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Attention readers: Your input needed
Thanks for reading our communications! We want to make sure we're delivering updates that matter.
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Meet Lisa b: edHEALTH's newest team member |
In mid-February, edHEALTH welcomed Lisa Barnstein to the group. As our Marketing Project Manager, she is here to support all types of communications, including this newsletter. Lisa loves just about all aspects of marketing!
After enjoying a few years in retail advertising and incentive marketing, she landed at a leading New England health care organization. There Lisa discovered a career path in an industry that she really cares about, and one that needs to find simpler ways to communicate. Lisa holds a Bachelor of Arts in English from Franklin and Marshall College and believes people live happier lives when they have a dog (or two).
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Like what you read? Forward to colleagues.
Share the content and encourage them to sign up by sending us a quick email.
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Get your sneakers ready: 5th annual edHEALTH Walking Challenge is coming soon
This year's edHEALTH school walking challenge runs, or walks, from Monday, June 6 to Monday, July 4.
We encourage all 25 of our schools to participate! You'll soon receive more information from the team at Point32Health and us.
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Interested in learning more about edHEALTH?
Call Nancy McConaghy at 1.866.692.7473 ext. 702 or send her an email.
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Please add lbarnstein@educatorshealth.org to your contacts so we're recognized as a
safe sender.
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