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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Cost of Ozempic, Wegovy could bankrupt companies: Blackstone director

Cost of Ozempic, Wegovy could bankrupt companies: Blackstone director

Wegovy injection pens Michael Siluk/UCG/Universal Images Group via Getty Images 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 …

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