GLP-1 cost pressure is now a talent retention issue. A new study found that 29% of employees would switch jobs for coverage, but these drugs aren't cheap for employers.
HR leaders need a clearer understanding of how pharmacy benefits actually work and what increasing calls for transparency could mean for their responsibilities going forward.
"This is about more than insulin prices; it's about the crushing cost pressures families are facing and the very real harm that comes when corporations exploit people who have no choice but to pay," Oregon Attorney General Dan Rayfield said.
A perfect storm of Supreme Court decisions, aggressive litigation and emerging technologies is exposing HR executives to unprecedented legal liability, according to a recent report from Mercer.